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4 Tech Titans Boost Stocks
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Shopify Second Quarter Results Overshadowed by the Memo Sent by CEO Toby Lutki
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Shopfis second quarter result overshadowed by memo that ceo toby lutki sent to employees on t Tuesday. In it, lutki said shopifi would be laying off ten % of the work force and he took responsibility for mistakes that he made in growth projections that fell short. Any for stock that has fallen 75 % year to date. This is still a forty five billion dollar business. We' only have ten percent of the commerce market when you add up all merchants who were doing business across ta shop applied platform a. Now, this topfis slowing. Is a slowing gross story,. It's still growing, but it's a slowinggross story. Revenues are
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