Facebook Partner Shopify Among 5 New IPOs Reporting
Shopify (SHOP), a provider of cloud-based e-commerce platforms, and high-frequency trading firm Virtu Financial (VIRT) were among recent IPOs that reported quarterly results Wednesday or were set to report. Here’s a look at how they did in their most recent quarter. Shopify’s third-quarter per-share loss of 3 cents was better than expectations for a 5-cent loss, while revenue spiked 93% to $52.8 million. Growth in merchant and subscription