Shopify’s Multiple is Still at a Premium Range to its Peer Sheet Despite Our Expectation for Another Beat and Raise

E-commerce company Shopify will report it’s Third Quarter earnings on Tuesday before the end of the trading day. Wedbush’s Ygal Arounian  further explains that Shopify’s recent stock decline is not based upon deteriorating fundamentals.

For more on Ygal Arounian’s comments: These five companies reporting earnings in the week ahead almost always beat the Street