Shopify's shares fell 9.51% after a slight revenue miss and slower merchandise growth, despite beating EPS estimates. This decline affected ETFs with Shopify exposure, notably Invesco QQQ, which holds a 0.603% stake in the stock. The drop cost QQQ holders about 0.057 percentage points on returns, roughly $5.74 per $10,000 invested. Investors in Nasdaq-100 funds should watch for holiday sales and profit trends, as Shopify's results influence growth-heavy portfolios.
Following Shopify's earnings report impact, the stock trades at USD 145.74 on Pluang as of Nov 03, 2026 23:41 WIB, down 6.71% in one day. The market cap stands at $201.00 billion, with a typical hold time of 78 days among Pluang investors. Selling activity dominates at 99%, reflecting cautious sentiment after the earnings miss.
Shopify's stock dropped 17% after its Q3 2026 report showed gross merchandise volume (GMV) and subscription revenue fell short of analyst expectations, despite beating profit and free cash flow estimates. GMV rose 29% to $119.15 billion, missing the ...
Shopify's stock fell following its third-quarter report showing merchandise sales below expectations, signaling potential challenges to its rapid growth. Although the company improved its earnings and profitability, the slowdown in sales raised inves...
