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home / news releases / SHOP - Why Shopify Stock Soared 54% in November


SHOP - Why Shopify Stock Soared 54% in November

2023-12-02 00:53:28 ET

Shares of Shopify (NYSE: SHOP) were zooming higher in November, as the Canadian e-commerce software company posted strong third-quarter results, gained on improving macroeconomic data, and reported impressive sales over the key Black Friday weekend.

According to data from S&P Global Market Intelligence , the stock finished the month up 54%. The stock popped early in the month on the earnings report and continued to rise from there.

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Why Shopify Stock Soared 54% in November
Stock Information

Company Name: Shopify Inc. Class A Subordinate
Stock Symbol: SHOP
Market: NYSE
Website: shopify.com

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