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Shopify confirms it canceled contracts with warehouse and fulfillment partners, but says its capacity to handle orders won’t be affected; stock closed down 14% (Stefanie Marotta/Bloomberg)

Stefanie Marotta / Bloomberg:
Shopify confirms it canceled contracts with warehouse and fulfillment partners, but says its capacity to handle orders won’t be affected; stock closed down 14%  —  Shopify Inc. plunged by the most since March 2020 after a report that the Canadian e-commerce company terminated contracts with several warehouse and fulfillment partners.