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Shopify Shares Fall After First Revenue Miss Since 2022; Wells Fargo Flags AI Cost Pressure
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Shopify Inc. reported third-quarter revenue of $3.74 billion, below the Bloomberg Consensus estimate of $3.75 billion, according to company results and consensus data [1]. Shares fell as much as 20% in New York premarket trading and were down about 15% at 8:30 a.m. EST, according to market data [2]. Wells Fargo analysts cited gross margin […]
Source: https://www.naturalnews.com/2026-11-05-shopify-shares-fall-wells-fargo-flags-ai-cost.html
Author: Chase Codewell
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