Shopify Stock Falls Despite Strong Q1 Results and Accelerated Revenue Growth
Shopify reported strong first-quarter results with 34% year-over-year revenue growth and a record gross merchandise volume, but the stock continued to decline due to a softer-than-expected guidance for the second quarter. Despite the pullback, the stock remains down over 40% from its October 2025 high.
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Topics: earnings guidance revenue growth stock price movement valuation