SHOP has been in the news 346% more than usual
Jul 30, 2025, 12:33 AM
11.86%
What does SHOP do
Shopify, headquartered in Ottawa, provides a cloud-based commerce platform for small and medium businesses, employing 8,300 people and operating in 175 countries since its IPO on May 21, 2015. The platform offers integrated tools for managing sales across various channels, enhancing the retail experience for merchants and consumers alike.
SHOP has been in the news recently: PayPal's Q2 earnings per share of $1.40 surpassed expectations, but its shares dropped over 4% despite an increase in full-year guidance. In contrast, investors are showing strong confidence in Shopify, supported by significant financial backing that suggests a positive outlook for the company’s future.
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