MARKET

SHOP

SHOP

Shopify Inc
NYSE
59.20
+2.18
+3.82%
Opening 12:26 05/22 EDT
OPEN
58.84
PREV CLOSE
57.02
HIGH
60.11
LOW
58.58
VOLUME
12.10M
TURNOVER
0
52 WEEK HIGH
91.57
52 WEEK LOW
45.50
MARKET CAP
76.29B
P/E (TTM)
-309.2999
1D
5D
1M
3M
1Y
5Y
Why Is Shopify Stock Trading Higher On Wednesday?
Goldman Sachs analyst Gabriela Borges upgraded Shopify from Neutral to Buy and raised its price target from $67 to $74. Shopify is down 23% year-to-date. The company is expected to diversify from paid search in 2023.
Benzinga · 1h ago
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood is a popular growth investor. She added to her positions in Shopify, Intellia Therapeutics, and Adaptive Biotechnologies on Tuesday. The stocks are trading 16% to 29% lower in 2024. Wood is adding to some of her favorite falling stocks. The online retailing giant is one of her 10 largest holdings in her portfolio.
Forward News · 1h ago
Shopify Sues Joyy for Trademark Infringement
Shopify has accused a rival of creating a "thinly disguised knockoff" of its software. The e-commerce platform says Shopline copied its Dawn program with its own product, called Seed. Shopify is suing Shopline, a subsidiary of Chinese technology company Joyy.
Forward News · 2h ago
Take Advantage of Shopify's Dip
Shopify Inc. Is a fast-growing company with a rich valuation and small profit margins. The company's stock fell 20% following earnings, but the company exceeded expectations. Shopify has a dominant position in the e-commerce market. I believe the company has the potential to achieve significant profitability in the coming years.
Forward News · 3h ago
Shopify, Kraft Heinz upgraded: Wall Street's top analyst calls
Forward News · 3h ago
Goldman upgrades Shopify to Buy as marketing investment about to pay off
Consumer Goldman upgrades Shopify to Buy as marketing investment about to pay off. Goldman Sachs says 23% YTD decline in shares presents attractive entry point to own the company. The upgrade is driving the stock higher in premarket trading. Shopify is upgraded to Buy from Neutral at Goldman Sachs.
Seeking Alpha · 4h ago
This Kraft Heinz Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Goldman Sachs upgraded the rating for Shopify Inc. From Neutral to Buy. The Kraft Heinz Company was also upgraded to Overweight. Stryker Corporation was upgraded from Hold to Buy and the price target of $392 was raised. Willis Towers Watson was upgraded to Neutral and Prudential Financial was upgraded.
Benzinga · 4h ago
Pre-Market Most Active for May 22, 2024 : PDD, IBIT, TSLL, NIO, TSLA, SQQQ, WOOF, AMC, TGT, SHOP, GME, VIPS
NASDAQ · 4h ago
More
About SHOP
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

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