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Why Shopify Shares Were Sliding Today

TheMotleyFool

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Why Shopify Shares Were Sliding TodayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png

Shares of Shopify (NYSE: SHOP), the e-commerce software juggernaut, were pulling back today on a broader sell-off in high-growth tech stocks and as Citigroup rated the stock as neutral.

As of 10:37 a.m. EST, the stock was down 3.9%. At the same time, the Nasdaq Composite was off 1.3%, showing the broader decline in the tech sector.

Image source: Getty Images.

Source Fool.com

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