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Shopify reported earnings today and the stock shot up 20%. For me, an interesting stock maybe for some speculation, but not really as an investment.
What do you think of $SHOP+0.1%stock ?
Shopify
SHOPOpen $78.61
Day range $77.31 - $79.52
52 week range $45.50 - $91.57
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I closed an open short on $TSLA-2.3% on Monday. Then on Tuesday I traded only the indices($QQQ-0.2% and $SPY-0.2% ) intraday. I am not holding anything at the moment and waiting, but I am watching the market intraday.
One more piece of good news from Disney $DIS+0.3%earnings - For the first time ever, Disney's combined streaming division of Disney+, Hulu, and ESPN+ have collectively turned a profit!
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The results are fine. I am holding the stock and believe the stock will rise in the long run.
Well, the results were, I would say, unexpectedly good. Good for shareholders. I followed the company about two years ago, but I didn't invest in it. Anyway, it's an interesting business.