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Why Shopify Stock Jumped on Wednesday

TheMotleyFool

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Shares of e-commerce specialist Shopify (NYSE: SHOP) soared on Wednesday, finishing the trading day up 9.5%.

The stock's gain was probably fueled by a combination of a bullish day for the overall stock market and an analyst's reiterated overweight rating for the stock.

Image source: Shopify.

Source Fool.com

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