Closing Bell: Shopify Inc down on Friday (SHOP)

Today during trading, shares of Shopify Inc opened at $91.12 and closed at $90.41. It traded at a low of $89.65 to a high of $91.96.

Share prices decreased -0.58% from the previous day's close of $90.94.

Today across North America, the TSX Composite closed -0.30% at 21875.79, the S&P 500 closed 0.09% at 5482.87, the Dow Jones Industrial Average closed 0.09% at 39164.06 and the Nasdaq Composite closed 0.30% at 17858.68.

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

A total of 2,657,603 shares was traded during the last trading day, with total trades of 8,834. On average, Shopify Inc has traded 2,764,589 shares in the last five days and 2,699,412 year-to-date.

The TSX overall saw 2,599 price advancers against 2,604 declines and 117 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 12 months, Shopify Inc's shares have advanced 5.56%, while they have eased -12.36% year-to-date.

Following today's trading, Shopify Inc has a market capitalization of $116.83 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. 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..