Holiday shopping season may catapult this formerly battered Amazon rival [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
e-commerce soared because of lockdowns, Shopify experienced a sharp downturn in 2022 as pandemic-fueled online shopping growth slowed and macroeconomic pressures increased. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter The Ottawa provider of a platform and services for online stores saw its stock peak at $169 in November 2021. At one point in 2022, it traded for less than $30. With inflation on the rise and consumer spending patterns shifting, Shopify adjusted its strategy, cutting staff and making more measured investments, particularly in logistics and warehousing, areas it viewed as critical to competing with giants like Amazon. While Shopify's stock has yet to fully rebound to its pandemic highs, the company's recent performance suggests it's on a steadier path and on track to regain ground lost in 2022, according to analysts. Rafael Henrique/SOPA Images/LightRocket via Getty Images Shopify gained 21% on Nov. 12 after posting strong Q3 earnin
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/8/24 - Form 4
- AMZN's page on the SEC website