Canada markets open in 2 hours 8 minutes
  • S&P/TSX

    20,700.50
    +100.90 (+0.49%)
     
  • S&P 500

    4,060.43
    +44.21 (+1.10%)
     
  • DOW

    33,949.41
    +205.57 (+0.61%)
     
  • CAD/USD

    0.7509
    +0.0003 (+0.04%)
     
  • CRUDE OIL

    82.28
    +1.27 (+1.57%)
     
  • BTC-CAD

    30,602.01
    -182.12 (-0.59%)
     
  • CMC Crypto 200

    520.68
    -6.51 (-1.23%)
     
  • GOLD FUTURES

    1,931.20
    +1.20 (+0.06%)
     
  • RUSSELL 2000

    1,903.06
    +12.75 (+0.67%)
     
  • 10-Yr Bond

    3.4930
    0.0000 (0.00%)
     
  • NASDAQ futures

    12,064.25
    -42.50 (-0.35%)
     
  • VOLATILITY

    18.85
    -0.23 (-1.21%)
     
  • FTSE

    7,771.04
    +9.93 (+0.13%)
     
  • NIKKEI 225

    27,382.56
    +19.81 (+0.07%)
     
  • CAD/EUR

    0.6901
    +0.0010 (+0.15%)
     

Shopify Just Raised a $7.5 Billion Green Flag

Shopify Just Raised a $7.5 Billion Green Flag

After years of unbridled growth, e-commerce tools purveyor Shopify (NYSE: SHOP) was hit by a perfect storm. Each of these factors weighed on Shopify, which shed as much as 85% of its value since late last year. Late last week, Shopify reported an encouraging start to the holiday shopping season.