Why Shopify Stock Was Climbing Today
Shares of Shopify (NASDAQ: SHOP) were moving higher today in line with a number of growth stocks in a day with broad gains across the market.
The e-commerce software company seemed to benefit from favorable comments from Fed Chair Jerome Powell about lowering interest rates. Additionally, stocks rose on news of a ceasefire between Iran and Israel, though that seemed to have less of a direct effect on Shopify.
As of 3:21 p.m. ET, the stock was up 4.6%. At the same time, the Nasdaq Composite was up 1.6%.
Source Fool.com
Shopify Inc Aktie
101,78 €
0,24 %
Noch kein Trend erkennbar: Shopify Inc mit nur einigen Buy- und Sell-Einschätzungen.
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