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Why Shopify Stock Was Soaring Today


Shares of Shopify (NYSE: SHOP) surged today after the e-commerce software leader posted strong results in its second-quarter earnings report. The company beat estimates on the top and bottom lines and called for accelerating revenue growth in the third quarter.

As a result, the stock was up 22.9% as of 11:41 a.m. ET.

Image source: Getty Images.

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Source Fool.com

Shopify Inc Stock

€101.54
-4.090%
Shopify Inc took a tumble today and lost -€4.340 (-4.090%).
The community is currently still undecided about Shopify Inc with 2 Buy predictions and 0 Sell predictions.
With a target price of 119 € there is a slightly positive potential of 17.2% for Shopify Inc compared to the current price of 101.54 €.
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