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Shopify Scores a Black Friday and Cyber Monday Win


Shopify Scores a Black Friday and Cyber Monday Win

E-commerce solutions provider Shopify (NYSE: SHOP) recently announced that it processed over $1 billion in gross merchandise volume (GMV) on its platform from more than 500,000 merchants in 175 countries during the extended Black Friday and Cyber Monday weekend.

During its peak, Shopify merchants were processing more than $1 million in transactions per minute, and mobile sales accounted for 64% of all orders -- a 10% jump from 2016.

Image source: Getty Images.

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Source: Fool.com

Shopify Inc Stock

€54.02
0.670%
The Shopify Inc stock is trending slightly upwards today, with an increase of €0.36 (0.670%) compared to yesterday's price.
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 38.84% compared to the current price of 54.02 € for Shopify Inc.
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