Why Shopify Stock Is Up Today
The so-called "de minimis" tariff, a tax on low-value imports, has been cut as part of the United States' ongoing talks with China.
That's a relief to online small businesses and the companies that serve them. Shares of Shopify (NASDAQ: SHOP) traded up 4% as of 1 p.m. ET on hopes that trade policies are shifting back toward its favor.
Image source: Getty Images.
Source Fool.com
Shopify Inc Stock
€137.70
-1.610%
Our community is currently high on Shopify Inc with 4 Buy predictions and 0 Sell predictions.
With a target price of 145 € there is a slightly positive potential of 5.3% for Shopify Inc compared to the current price of 137.7 €.
