Shopify Earnings Report: Selling Logistics Business & 20% Workforce Cut

1 year ago
4

In this video, I will cover Shopify stock first-quarter earnings report which beat on the top and bottom line, and explain why the company sold its logistics business to Flexport and laid of 20% of the workforce. 👉A portion of this video is sponsored by The Motley Fool.
Visit https://fool.com/couchinvestor to get access to my special offer. The Motley Fool Stock Advisor returns are 395% as of 4/27/2023 and measured against the S&P 500 returns of 118% as of 4/27/2023. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.

⚽️Shopify Store: https://couch-investor.com
📙 Get Top 10 Best Stock Picks: https://fool.com/couchinvestor
🔥50% OFF Premium Seeking Alpha: https://www.sahg6dtr.com/5QG9DQ/R74QP/
😎Koyfin Screener: https://www.koyfin.com/?via=neil
🔖Follow Me On CommonStock: https://commonstock.com/couch_investor
🍯 Join Honey! It's free: https://www.joinhoney.com/ref/d91p6a5
🔖Join my FREE newsletter: https://couchinvestor.substack.com/
🐦 Follow Me On Twitter: https://twitter.com/Couch_Investor
⚽️ Merchandise: https://bit.ly/3TfjHlS
🔥Join this channel to get access to perks: https://bit.ly/3pQuh7O

WATCH NEXT:
○ Alphabet’s $100 billion Mistake Is Your Opportunity Of a Lifetime: https://youtu.be/mhNzntUjBQ8
○ Disney Restoring Its Dividend Makes No Sense: https://youtu.be/LMm3hUODkWA
○ Intel's Future Comes Down To This: https://youtu.be/lUHBi6SuIwA
○ What Is The Metaverse?: https://youtu.be/HUCuVTwopQQ
○ Secretly Amazon's Biggest MOAT: https://youtu.be/FxBq9ZGmuS4
○ If I Could Only Buy 3 Stocks Forever: https://youtu.be/rnln-UrKQ8c

Don't forget to do your own research before buying into a stock!

DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here. #shopify #investing #earnings

Loading comments...