Shopify Stock Is Soaring This Week. Here's Why.
SHOPShopify(SHOP) The Motley Fool·2024-08-09 19:39

The e-commerce software platform keeps putting up impressive growth figures.Shares of Shopify (SHOP 7.29%) popped over 25% this week, according to data from S&P Global Market Intelligence. The e-commerce software and payments platform reported earnings for the second quarter that wowed investors. After seeing slowing growth coming out of the COVID-19 pandemic boom, Shopify has gotten its mojo back and is now generating a solid amount of profits. However, the stock is still down year to date as of after the ...