Why BigCommerce (BIGC) Shares Are Getting Obliterated Today

Why BigCommerce (BIGC) Shares Are Getting Obliterated Today

Shares of e-commerce software platform provider BigCommerce (NASDAQ: BIGC) fell 14.1% in the morning session after the company reported third quarter results that narrowly missed Wall Street's revenue estimates. We struggled to find many strong positives in these results. The company continued to burn cash, while the revenue outlook for the next quarter came in roughly in line with Wall Street's expectations. During the earnings call, management noted that they expect "macroeconomic conditions t

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