Shopify falls 9% after Q3 revenue and merchandise volume miss estimates

Shopify stock fell 9% after the company's Q3 revenue and gross merchandise volume missed analyst expectations, Bloomberg reported, marking the first revenue miss in four years. CNBC reported that Shopify's adjusted earnings beat estimates despite the revenue shortfall. Yum Brands shares rose after Taco Bell reported a 3% comparable sales decline in Q3, which Bloomberg said was better than investor expectations. Lattice Semiconductor shares rose after the chipmaker issued an outlook showing strong visibility into 2028.

• CNBC — Shopify falls 9% after Q3 revenue and merchandise volume miss estimates
• Bloomberg — Shopify Revenue Miss; Yum Brands Jumps on Taco Bell Sales | Stock Movers

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