Shopify Inc.

NYSE: SHOP
$1,029.97
+$13.33 (+1.3%)
Closing price July 2, 2020
With stocks surging at the start of July and with COVID-19 cases rising rapidly in America, the economy finds itself in a bit of a jam. It seems impossible to rationalize that the largest technology...
E-commerce has been perhaps the biggest winner from the coronavirus pandemic. These stocks are expected to benefit greatly from this accelerating trend.
If the trends of greed and fear are driving investment decisions, it is without question that "greed," even if it is the good kind of greed, is at work in shares of Shopify.
Walmart has announced on Monday that it is expanding its e-commerce marketplace to more small businesses in a pact with Shopify.
Monday's top analyst upgrades and downgrades included Delta Air Lines, Apache, Baidu, Intel, Kimco, Lennar, Lululemon Athletica, SelectQuote, Shopify, Starbucks and United Airlines.
Shopify shares shot up to start out the week after Walmart announced a partnership with the Canadian e-commerce company.
Facebook aims to capitalize on its social media dominance with a foray into e-commerce.
As Americans begin to discover what their “new normal” will look like, Shopify seems likely to be one of the companies that will maintain its pandemic gains.
Shopify’s exponential growth has rewarded investors this year but Amazon is also powering ahead.
Tuesday's top analyst upgrades and downgrades included AbbVie, ANGI Homeservices, CBOE, Darden Restaurants, Hess, Lululemon Athletica, MongoDB, PayPal, Shopify, Slack and Zynga.
Consumer habits have changed and Shopify is well positioned to benefit however the pandemic plays out.
Shopify’s stock has had an incredible run and might still have more upside as the company recently shored up its balance sheet with a secondary stock offering.
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While Amazon has been growing and taking over certain aspects of the U.S. economy, Shopify has been growing exponentially and taking its share of the e-commerce pie. Facebook wants its slice of the...