Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Shopify Inc (US)    SHOP   CA82509L1076

SHOPIFY INC (US) (SHOP)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Lundin Law PC Announces an Investigation of Shopify Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/05/2017 | 01:33am CEST

Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Shopify Inc. (“Shopify” or the “Company”) (NYSE: SHOP) concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at [email protected].

On October 4, 2017, Citron Research published a report characterizing Shopify as “a completely illegal get-rich quick scheme.” The report alleged that Shopify inaccurately described its relationship with certain affiliates, stating, in part: “Shopify calls these affiliates ‘partners.’ We call them promoters selling business opportunities.” The report compared the Company’s business practices to those of Herbalife Ltd., a company that recently paid $200 million and agreed to an order “prohibit[ing] Herbalife from misrepresenting distributors’ potential or likely earnings” to settle Federal Trade Commission charges. Upon release of this information, shares of Shopify fell in value.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SHOPIFY INC (US)
07/11SHOPIFY US : CORRECTING and REPLACING Shopify to Announce Second-Quarter 2018 Fi..
BU
07/05SHOPIFY US : Introduces a New Way to Work on Mobile
AQ
06/28SHOPIFY US : Introduces a New Way to Work on Mobile
AQ
06/28Initiating Free Research Reports on Red Hat and Three Other Application Softw..
AC
06/25FINTECH OF THE FUTURE : Banking for the Unbanked
PR
06/22SHOPIFY US : to provide e-commerce platform for online B.C. cannabis sales
AQ
06/22SHOPIFY US : Platform chosen for online B.C. cannabis sales
AQ
06/21SHOPIFY US : Introduces a New Way to Work on Mobile
BU
06/20SHOPIFY US : Support Analyzed and Explained by Logic Inbound
AQ
06/18SHOPIFY US : JILL STUART Is Hiring A Sales Coordinator In New York, NY
AQ
More news
News from SeekingAlpha
07/14SHOPIFY'S 600,000 ONLINE MERCHANTS : Too Many For Our Planet 
07/11Why Alibaba Is A No-Brainer 
07/10Google launches a retail ad tool with Shopify 
07/10SHOPIFY : Revisiting The Citron Short Thesis 
07/05While This Tailwind Remains, Shopify Will Continue To Perform Well 
Financials ($)
Sales 2018 1 018 M
EBIT 2018 6,34 M
Net income 2018 -89,2 M
Finance 2018 1 375 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 15,9x
EV / Sales 2019 11,5x
Capitalization 17 553 M
Chart SHOPIFY INC (US)
Duration : Period :
Shopify Inc (US) Technical Analysis Chart | SHOP | CA82509L1076 | 4-Traders
Technical analysis trends SHOPIFY INC (US)
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 147 $
Spread / Average Target -11%
EPS Revisions
Managers
NameTitle
Tobias Albin Lütke Chairman & Chief Executive Officer
Harley Finkelstein Chief Operating Officer
Amy E. Shapero Chief Financial Officer
Jeremy Seth Levine Independent Director
Steven A. Collins Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SHOPIFY INC (US)64.53%17 004
ALIBABA GROUP HOLDING10.21%478 081
JD.COM-7.61%54 213
EBAY-0.34%37 384
MERCADOLIBRE4.14%14 469
RAKUTEN INC-25.02%9 990