🟢 Shopify is trading 28.9% up today after a strong Q2 earnings beat and upbeat guidance

Shopify is trading 28.9% up at $159.00 after reporting a strong second-quarter earnings beat, with revenue and GMV growth coming in well above expectations.

• Revenue grew 34% year-over-year to $3.58 billion, while Gross Merchandise Volume (GMV) rose 32% to $115.6 billion.
• The company reported a solid 18% free cash flow margin and provided upbeat guidance calling for low-thirties percentage revenue growth in Q3.