Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s): LSPD

Technology Software - Application

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.

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Lightspeed Commerce Inc

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Post by retiredcfon Aug 30, 2023 6:24am

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Post# 35611334

Stockchase After the Close

Markets across the board rallied on Tuesday, and not just equities. It was rare for oil and cryptos to rally in synch with stocks. A wave of green hit traders’ screens as all sectors rose in Toronto, led by consumer staples, discretionary, energy, financials and materials. The TSX advanced 1.32% for the session.

Tech names were the best performers, including Nuvei at 7.18%, Lightspeed 4.73% and Shopify up 4.08%. Elsewhere, Aritzia gained 3.89% and Brookfield Corporation 2.9%. Meanwhile, WTI crude added 1.45% to $81.25 a barrel.

Wall Street also rallied as the S&P advanced 1.45% to nearly 4,500, the Nasdaq 1.74% to about 14,000, and the Dow up 0.85%. Tech stocks here also enjoyed large moves: Tesla up 7.69% as the most-traded name, Nvidia 4.16% and AMD 3.23%. Also, Albemarle rose 4.28% and Best Buy added 3.86%. The U.S. 10-year yield edged down to 4.118% while Bitcoin surged 6.25% to $27,700.