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Shopify stock tumbled on Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds in the first half of 2022.
The shares fell 16% to $746.99 at 9:52 a.m. on Wednesday.
Shopify (ticker:
SHOP) posted an adjusted quarterly profit of $1.36 a share, beating forecasts for $1.30, on sales of $1.38 billion, topping expectations for $1.34 billion and…