Shopify (SHOP) Stock: Soars 18% as Revenue Jumps 34% and GMV Accelerates

TLDR Shopify stock jumped 18% after quarterly revenue climbed 34% year over year. GMV reached $115.57 billion as growth accelerated across merchants and markets. Free cash flow rose to $654 million while margins improved to 18% during Q2. Operating income increased to $488 million as Shopify gained stronger leverage. Shopify expects low-thirties revenue growth and [...]

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