Closing Bell: Shopify Inc down on Thursday (SHOP)

In today's trading, shares of Shopify Inc opened at $89.91 and closed at $88.89. prices ranged from a low of $88.26 to a high of $90.31.

Share prices dipped -1.11 percent from the previous day's close of $89.89.

During the day across North America, the TSX Composite closed -1.20% at 21698.11, the S&P 500 closed 0.85% at 5421.03, the Dow Jones Industrial Average closed -0.09% at 38712.21 and the Nasdaq Composite closed 1.53% at 17608.44.

Shopify Inc has listed on the Toronto Stock Exchange (TSX) under the ticker SHOP.

Trading volume was 1,616,473 on 9,231 total trades. On average, Shopify Inc has traded 2,211,444 shares over 5 days and 2,635,577 year-to-date.

Trading across the entire TSX saw 1,600 price advancers against 3,644 declines and 110 unchanged.

During the prior 52 weeks, SHOP.TO has traded as high as $123.20 (February 12,2024) and low as $63.16 (October 31,2023). Moreover, the shares have advanced 4.59 percent in the last 12 months, while they have reduced -13.83% year-to-date.

Following today's trading, Shopify Inc has a market capitalization of $116.03 billion on a float of 1,288,414 shares outstanding. Its annual EPS is $-0.16.

Shopify Inc is a TSX Software company headquartered in Ottawa, CAN.

Shopify Inc's average recommendation is "Moderate Buy" based on 40.00 analysts according to Zacks. From those 40 analysts, 20 have buy ratings and 20 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..