July 30, 2018 / 5:27 PM / in 16 days

BUZZ-Shopify Inc: Falls ahead of results

** Canadian e-commerce company’s U.S.-listed shares down 7.7 pct at $147.69 ahead of its results on Tuesday

** Analysts expects Shopify to post a smaller loss of 2 cents per share in Q2 vs. 15 cents per share, a year earlier

** Expects a rise of 54.6 pct in Q2 revenue, while SHOP posted a revenue growth of 68 pct in Q1

** Toronto listed shares also down 7.48 pct at $194.17; stock had declined 4.3 pct up to Friday’s close since it hit a three-week high on July 12

** U.S. listed shares rose 47.5 pct YTD (Reporting by Akshara P in Bengaluru)

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