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Company News

BUZZ-Shopify Inc: Upbeat results, forecast send US-listed shares soaring

** U.S.-listed shares of Canadian e-commerce software maker up 11 pct at $101.63 premarket; Set to open at record high

** Company posts smaller-than-expected Q2 loss, revenue up 75 pct

** Q3 revenue forecast of $164 mln-$166 mln also above estimates of $156.6 mln

** SHOP says larger brands and shift in retail towards multi-channel and mobile helped revenue

** Up to Monday’s close, Shopify’s U.S. and Canadian stocks have doubled this year

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