EDIT: Actually, since they are a Canadian company they are exempt [0] from regulation FD. Interesting!
[0] - https://www.sec.gov/Archives/edgar/data/1594805/000119312515...
EDIT: Actually, since they are a Canadian company they are exempt [0] from regulation FD. Interesting!
[0] - https://www.sec.gov/Archives/edgar/data/1594805/000119312515...
see: https://www.sec.gov/News/PressRelease/Detail/PressRelease/13...
This Shopify data could definitely be used to gain an edge in trading their stock. You basically compute projected earnings based on the sales per-second rate reported on the site and compare against their earnings guidance from the previous quarter (or analyst predictions). If the projected earnings go below the projection, you sell, otherwise you buy.
Edit: Keep the downvotes up, but having this site eat a full core is a bit ridiculous. Similar sites are much more performant.