Hard-Hit Shopify Stock Sets Layoffs, CEO Says 'I Got This Wrong' - Investor's Business Daily

Shopify stock is one of 2022's big losers. But analysts expect a reacceleration in revenue growth for SHOP stock in 2023.

Shopify stock plunged after the e-commerce firm said it will cut roughly 1,000 workers, or 10% of its global workforce, as its chief executive took responsibility for a faulty growth strategy. Includ… [+4424 chars]

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