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Why Shopify Stock Rose Today

TheMotleyFool

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Why Shopify Stock Rose TodayPhoto, wide shot, wide-angle lens, Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png

Shares of Shopify (NYSE: SHOP) climbed 5.4% on Monday after the online retail platform reported a surge in Black Friday sales.

More than 1 million merchants in 175 countries generated $2.4 billion in Black Friday sales on Shopify's platform. That represented a staggering 75% year-over-year increase.

Shopify's stock popped on Monday following a strong holiday sales report. Image source: Getty Images.

Source Fool.com

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