Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s): SHOP

Technology Software - Application

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.

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Shopify Subordinate Voting Ord Shs Class A > Stock Splits vs. Share Consolidations

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Comment by AlwaysLong683on Jul 02, 2022 2:35pm

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Post# 34797506

RE:Stock Splits vs. Share Consolidations

One other note on this subject.

I don't think Constellation Software (CSU), the most dominant Canadian Tech stock over the past 10 years, has ever done a stock-split and currently trades at $1,900 per share even after the tech route over the past year (52W-High of $2,400).

I believe the reason is that President Mark Leonard wants buy and hold investors (i.e., loyal and committed shareholders in it for the long haul) to own shares and isn't particularly interested in daily trade volume. As a recent example, its 50-day average trading volume is approximately 35,000 shares. Now that shows confidence in my view.

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