SHOP down on new Chinese shipping rules

Not interested in getting political (and it isn’t allowed here anyway) but this article seems to explain the 8%+ (and growing) drop in SHOP today.…

Not sure if a good earnings report 10/25 will make up for new, higher shipping rates on what amounts to 60% of the total international packages shipping into the US each year.

I know Saul doesn’t own Chinese companies, but what about US/Canadian companies who have so much dependence on what happens in China?

Does SHOP have too much political/regulatory risk in relation to other stocks that could be owned to make the great (but declining) revenue growth numbers worth it? That seems to be the #1 question with SHOP.


“He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has. ”


Thanks for the info. I’m still long SHOP. Why would this affect SHOP so much specifically, more so than other companies?