Shopify sinks after earnings miss, $2.1 billion purchase of Deliverr
An employee works at Shopify's headquarters in Ottawa, Ontario, Canada.Chris Wattie | ReutersShares of Shopify plunged more about 15% Thursday after the company reported first-quarter results that missed analysts' estimates, and said it will acquire logistics start-up Deliverr for $2.1 billion in cash and stock.Shopify posted adjusted earnings of 20 cents per share, while Wall Street had expected 63 cents per share, according to a Refinitiv survey of analysts. Revenue grew 22% year over year to $1.2 billion, but that…