Shopify (SHOP) Stock Sinks As Market Gains: Here's Why
SHOPShopify(SHOP) ZACKS·2024-07-30 06:50

Shopify (SHOP) closed at $59.87 in the latest trading session, marking a -0.12% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq gained 0.07%.The cloud-based commerce company's stock has dropped by 9.25% in the past month, falling short of the Computer and Technology sector's loss of 4.62% and the S&P 500's loss of 0.21%.The investment community will be paying close attention to the earnings performan ...