Shopify tumbles on weak outlook after a very strong start to 2024

FILE – The Ottawa, Ontario, headquarters of Canadian e-commerce company Shopify is seen, May 29, 2019. Shopify’s stock is poised to potentially tumble to an all-time low Wednesday, May 8, 2024, as the company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins. (Justin Tang/The Canadian Press via AP, File)

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