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Shopify Shares Tumble After Surprise Loss on Spending Boost
- AznHisoka 7y agoIt "tumbled" to the same price it was at last Thursday...
- ones_and_zeros 7y agoShares also "tumbled" >100% more than it was last year at this time...
- juandazapata 7y agoWhat a click-baity title. The article finishes with this: > Still, Shopify is one of Canada’s best-performing stocks, having gained 135% this year as investors rewarded the company’s fast-growing sales and innovations in online checkout products
- nemild 7y agoWords like this drive engagement. Many journalists also don't have statistical training. I wrote a financial media literacy guide for precisely this reason: > Extreme Language: Articles use extreme language to represent price movements, as these engage readers (e.g., meltdown, bloodbath, crash, massacre, topple), but are often statistically suspect https://github.com/nemild/hack-the-media/blob/master/financial-media-guide.md https://github.com/nemild/hack-the-media/blob/master/financi... Some other good notes in this article: Context Matters. The Stock Market Drop Is Less Scary Than It Seems. https://www.nytimes.com/2018/02/05/upshot/context-matters-the-stock-market-drop-is-less-scary-than-it-seems.html https://www.nytimes.com/2018/02/05/upshot/context-matters-th...
- dangerboysteve 7y agoare Andrew Left's of Citron Research shorts still active for Shopify?
- wil421 7y agoAs a side note. What is Bloomberg doing with Reader View on iOS? It worked for another article about the subprime loans and bypassed the modal. Now the reader view is switching articles every couple seconds.
- dmix 7y agoThe media plays as much a role in pushing these unrealistic hyper-growth narratives on public companies as anybody.