Shopify’s Mixed Signals: Losses Mount but Market Shrugs
📉 Shopify reported a significant quarterly net loss of $682 million, much higher than the $273 million loss in the same period last year.
💰 Despite the net loss, adjusted net profit, which excludes capital investment losses, was $226 million, up from $144 million in 2024.
📈 Revenues surged to $203 million, more than double the $86 million from the previous year, indicating strong top-line growth.
Shopify’s Strategic Shift: From NYSE to Nasdaq
📈 Shopify is transferring its listing from the New York Stock Exchange (NYSE) to Nasdaq, which caused a significant surge in its stock price and trading volume.
💪 The stock has been finding support near its moving average, indicating strong investor confidence and potential for continued growth.
🌟 The presenter considers Shopify one of the best-performing stocks in the market, highlighting its strong relative strength and consistent performance above the moving average.
