Why Shopify Stock Jumped Today
Shares of e-commerce platform company Shopify (NASDAQ: SHOP) rose rapidly today on news that China and the U.S. are ratcheting down their trade war. Shopify's e-commerce technology is used by small businesses and large companies alike, so any slowdown to the economy because of tariffs would likely impact Shopify's business.
Shopify stock was up by 11.4% as of 11:02 a.m. ET.
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Source Fool.com
Shopify Inc Aktie
128,04 €
-3,35 %
Derzeit ist die Community gegenüber der Shopify Inc Aktie mit 4 Buy-Einschätzungen und 0 Sell-Einschätzungen positiv gestimmt.
Ein positives, aber moderates Potenzial für Shopify Inc mit einem Kursziel von 145 € im Vergleich zu 128.04 €.
