India, Nov. 3 -- Shopify Inc. (SHOP) shares are down nearly 10% on Tuesday, despite reporting strong third-quarter results, with revenue rising 32% year over year to $3.74 billion and free cash flow margin improving to 22% from 18% a year ago.
The stock is trading at $141.38, down $14.84 or 9.50%, on the Nasdaq. It opened at $136.21 after closing the previous session at $156.22. The stock has traded between $94.00 and $180.88 over the past 52 weeks.
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