Closing Bell: Shopify Inc up on Wednesday (SHOP)

Shopify Inc opened trading today at $89.26 and closed at $89.67. Intraday prices ranged from a low of $88.29 to a high of $89.78.

Shares boosted 1.36% from the previous day's close of $88.47.

Today across North America, the TSX Composite closed 0.02% at 21793.90, the S&P 500 closed 0.39% at 5469.30, the Dow Jones Industrial Average closed -0.76% at 39112.16 and the Nasdaq Composite closed 1.26% at 17717.65.

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

A total of 1,845,792 shares was traded during the last trading day, with total trades of 6,970, while having an average volume of 4,573,446 over the last 5-days.

The TSX overall saw 2,436 price advancers against 2,777 declines and 109 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, in the last 52 weeks, Shopify Inc's shares have boosted 7.84%, while in 2024, they have dipped -13.08%.

Following today's trading, Shopify Inc has a market capitalization of $114.37 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.

Based on 40.00 analysts, Shopify Inc gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 20 buy ratings and 20 hold ratings for the stock.

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..