Closing Bell: Shopify Inc down on Monday (SHOP)

In trading today, shares of Shopify Inc opened at $92.51 and closed at $91.33. Intraday prices ranged from $89.05 to $92.57.

Shares dipped -1.73 percent from the previous day's close of $92.94.

Today across North America, the TSX Composite closed -0.24% at 21587.88, the S&P 500 closed -0.04% at 5431.60, the Dow Jones Industrial Average closed -0.15% at 38589.16 and the Nasdaq Composite closed 0.12% at 17688.88.

Shopify Inc traded under SHOP on the Toronto Stock Exchange (TSX).

Trading volume was 1,870,659 on 11,023 total trades. On average, Shopify Inc has traded 2,260,610 shares over 5 days and 2,628,314 year-to-date.

The TSX market on the whole today saw 2,775 price advancers against 2,492 declines and 97 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 surged 6.78% in the last year, while this year, they have eased -11.47%.

Following today's trading, Shopify Inc has a market capitalization of $119.81 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.

Currently, Shopify Inc has an average recommendation of "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..