Shopify Outperforms E-commerce Sector, Despite Stock Drop
Update: 2025-11-26
Description
Shopifys Q3 earnings soar, beating expectations by 3.1%, with revenues of $2.84 billion, a 31.5% increase. Despite the e-commerce sectors overall decline, Shopifys stock is down 6.7%. GoDaddys revenues up 10.3%, beating expectations, while Wixs revenues up 13.6% but missing EBITDA estimates, leading to a 26.3% stock drop. The e-commerce market remains ripe for growth, with only 20% of retail dollars online.
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