Shopify's stock experienced significant fluctuations following a series of financial disclosures. The company's stock plummeted after it announced a decrease in gross margins due to the sale of its logistics business. Additionally, Shopify reported a downbeat second-quarter revenue forecast, citing slower merchant sign-ups and projecting slower growth. Despite a surge in first-quarter revenue, the company faced a surprise loss, leading to a further decline in stock value by as much as 17% in pre-market trading.