Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s): SHOP

Technology Information Technology Services

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

Shopify Subordinate Voting Ord Shs Class A > Ouch

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Comment by JocetooBadon Apr 20, 2022 2:03pm

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Post# 34617302

RE:Ouch

Hey BrokerG,
I wish I could explain entirely, but what I saw was a couple of things: 1) Investors worried about growth tech stocks that are not generating strong profit, turning to more predictable stocks, maybe traditional dividend stocks & energy instead, and 2) a series of downgrades on the SHOP stock, a fresh one has just been announced, to $800 per share. This typically drives stocks down quickly, sometimes irrationally.
I just bought one more stock at $677, I find it's a promising price personally.

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