Shopify shuns ‘logistics’ – Flexport losses narrow in another forgettable year

Shopify’s (SHOP) rather anaemic trading update released this week was certainly a ‘non-event’ for Mr Market, at least when investors’ reaction is gauged against several previous occasions* when the Canadian ecommerce platform disclosed its financials.
(*More for November here; more here from August last year, and then here from May 2024.)
Essentially confirming its mighty $155bn-market-cap valuation after Q4…

CONTINUE READING THE ARTICLE FROM The Loadstar HERE