SHOP News and Press, Shopify Inc. Class A Subordinate From 11/19/23

2023-11-19 12:00:00 ET A stock split allows a company to lower its stock price by dividing each share into smaller units without changing its market cap -- the value of all its shares combined. This process has no impact on business fundamentals, but it can make the equity more access...

2023-11-18 06:34:00 ET Summary Global-e's stock has experienced significant volatility, dropping 40% and gaining 150% since September 2022. The stock dropped nearly 30% on November 15 due to an overreaction to Q3 2023 earnings despite the company's continued growth. The ongoin...

2023-11-17 17:33:34 ET Shares of rate-sensitive growth stocks Shopify (NYSE: SHOP) , Opendoor Technologies (NASDAQ: OPEN) , and Upstart Holdings (NASDAQ: UPST) rallied this week, up 11.7%, 21.2%, and 21.7%, respectively, according to data from S&P Global Market...

2023-11-17 07:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-17 05:32:00 ET Shopify (NYSE: SHOP) investors have been on a roller-coaster ride in 2023, but the broader trend points to more ups than downs going forward. Share prices this year are up nearly 90% through mid-November, trouncing the 34% rally in the Nasdaq Composite . ...

2023-11-16 10:12:43 ET Shopify (NYSE: SHOP) stock is back. Or maybe it never really faded all that much. But with the logistics business now sold off, it's easier to focus on what Shopify has always done best: software for the e-commerce industry. Of course, not all is perfect, ...

2023-11-15 15:54:50 ET Billionaire investor Philippe Laffont's Coatue Management cut most of its stakes in members of the "Magnificent 7" club in Q3 2023, while taking new positions in data analytics software company Palantir Technologies ( NYSE: PLTR ) and Canadian e-commerce ...

2023-11-15 01:56:28 ET Summary Baillie Gifford's 13F portfolio value decreased from ~$118B to ~$110B this quarter. The top three holdings in the portfolio are MercadoLibre, NVIDIA, and Tesla. There were stake increases in companies such as PDD Holdings, Coupang, and BeiGene, a...

2023-11-14 16:27:38 ET Bridgewater Associates, the hedge fund founded by Ray Dalio, boosted its holdings in 3M Company ( NYSE: MMM ) to 71.3K shares from 63.7K shares, Abbott Laboratories ( NYSE: ABT ) to 2.07M shares from 1.82M shares, Best Buy Co. ( NYSE: BBY ) t...

2023-11-13 06:31:00 ET Shares of e-commerce platform specialist Shopify (NYSE: SHOP) have had a good run recently. Helped by a strong earnings report, the stock is up more than 25% this month as of this writing. Further, this is on top of an already impressive year for the stock. In...