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Why Shopify Stock Jumped on Thursday

TheMotleyFool

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Shares of e-commerce platform specialist Shopify (NYSE: SHOP) jumped sharply on Thursday. The stock rose as much as 6.9% and was up 5.6% as of 2:55 p.m. EDT.

The stock's gain was likely driven primarily by a bullish day in the market for tech stocks -- particularly for growth tech stocks like Shopify.

Image source: Shopify.

Source Fool.com

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