1 Tech Stock I'd Buy Before Shopify [Yahoo! Finance Canada]
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MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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investor.mercadolibre.com/investor-relations
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Source: Yahoo! Finance Canada
Shopify TSX: SHOP ) has been a key player in the e- commerce sector, known for providing a robust platform for businesses worldwide. However, recent financial results and market performance raise several red flags for potential investors. Today, let's look at what's been going on with Shopify stock, and why, until things are better, there's likely another tech stock that's strong enough to buy right now. Performance In the first quarter of 2024, Shopify reported mixed financial results. While revenues exceeded analyst expectations, the earnings per share (EPS) missed projections. Shopify's revenue for the first quarter (Q1) of 2024 was US$1.86 billion, slightly above the anticipated us$1.84 billion. However, this was overshadowed by an EPS that fell short, indicating profitability issues. ADVERTISEMENT There have been notable instances of insider trading that might unsettle investors. Recent reports indicate that senior officers at Shopify have been selling shares, which ca
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MELI
Earnings
- 8/1/24 - Beat
MELI
Sec Filings
- 8/27/24 - Form 4
- 8/19/24 - Form 4
- 8/16/24 - Form 4
- MELI's page on the SEC website