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Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s):  SHOP

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.


TSX:SHOP - Post by User

Comment by visionaryfoolon Dec 09, 2015 5:52pm
100 Views
Post# 24370858

RE:Wednesday's late afternoon trading action

RE:Wednesday's late afternoon trading actionI started following recently. News was good (lots of partnerships) but surprised as it keeps dropping. I know the short interest increased as well in November (https://www.financialmagazin.com/shopify-class-a-nyseshop-sellers-increased-by-22-48-their-shorts/).

I'm not sure if they know something is coming up that we don't know about. All news has been positive so far! 

Amazon did have their own flatform for shopping.. .and then killed it and recommended clients to Shopify. It got a nice 25% (or thereabouts) bump then to near high 40's. 

I suspect it may be insider selling from the lock-up period. It will cool down in next 6 months.
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