SHOP - Shopify Inc.

NYSE - NYSE Delayed Price. Currency in USD
338.31
-18.32 (-5.14%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close356.63
Open356.53
Bid0.00 x 1300
Ask0.00 x 800
Day's Range337.64 - 357.50
52 Week Range117.64 - 409.61
Volume2,645,598
Avg. Volume2,145,330
Market Cap38.149B
Beta (3Y Monthly)1.26
PE Ratio (TTM)N/A
EPS (TTM)-0.71
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est361.92
Trade prices are not sourced from all markets
  • 3 All-Too-Common Investing Mistakes
    The Motley Fool

    3 All-Too-Common Investing Mistakes

    There are a lot of mistakes investors could be making, but these three are super common.

  • TSX at All-Time Highs: 5 Stocks That Have Already Doubled in 2019!
    The Motley Fool

    TSX at All-Time Highs: 5 Stocks That Have Already Doubled in 2019!

    With the TSX Index at all-time highs, here are 5 stocks that have already doubled so far in 2019, including Eldorado Gold Corp (TSX:ELD)(NYSE:EGO) whose stock is up already 180% year-to-date.

  • The Number 1 Mistake Every Growth Investor Keeps Making
    The Motley Fool

    The Number 1 Mistake Every Growth Investor Keeps Making

    Growth stocks like Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) and Shopify Inc. (TSX:SHOP)(NYSE:SHOP) can provide valuable lessons that help you avoid big losses.

  • This Tech Stock Looks Like the Next Shopify (TSX:SHOP)
    The Motley Fool

    This Tech Stock Looks Like the Next Shopify (TSX:SHOP)

    Shopify Inc (TSX:SHOP)(NYSE:SHOP) stock has increased in value 15-fold over the last four years. One gig-economy stock looks to replicate Shopify's success in rapid fashion.

  • 1 Industry That’s Still a Buy in Today’s Poor Market
    The Motley Fool

    1 Industry That’s Still a Buy in Today’s Poor Market

    If you're looking to the future, this industry is the one you should consider.

  • Here Is How Shopify (TSX:SHOP) Stock Could Double in 2020
    The Motley Fool

    Here Is How Shopify (TSX:SHOP) Stock Could Double in 2020

    Here is a scenario that could send Shopify Inc. (TSX:SHOP)(NYSE:SHOP) stock soaring in 2020.

  • Shopify (TSX:SHOP) Stock Went From Sexy to Scary… Could the Vicious Sell-Off Get Even Worse?
    The Motley Fool

    Shopify (TSX:SHOP) Stock Went From Sexy to Scary… Could the Vicious Sell-Off Get Even Worse?

    Should you buy Shopify Inc. (TSX:SHOP)(NYSE:SHOP) stock on the dip as it gets obliterated amidst the growth-to-value rotation?

  • TFSA Investors: 1 Weird Trick to Bolster Your Income
    The Motley Fool

    TFSA Investors: 1 Weird Trick to Bolster Your Income

    Shopify Inc. (TSX:SHOP)(NYSE:SHOP) provides a great example for using this one strange trick.

  • The Real Reason Behind Shopify’s (TSX:SHOP) Stock Price Performance
    The Motley Fool

    The Real Reason Behind Shopify’s (TSX:SHOP) Stock Price Performance

    The high valuation of Shopify Inc (TSX:SHOP)(NYSE:SHOP) may have more to do with insider ownership and family connections to wealth than profitability.

  • TFSA Investors: Buy These 3 Companies Before Purchasing More Cannabis Stock
    The Motley Fool

    TFSA Investors: Buy These 3 Companies Before Purchasing More Cannabis Stock

    Cannabis stocks carry considerable risk. As such, consider stocks such as Shopify Inc (TSX:SHOP)(NYSE:SHOP) for your TFSA instead.

  • 3 Wealth-Making Growth Stocks in 2019
    The Motley Fool

    3 Wealth-Making Growth Stocks in 2019

    Which is the best bet for wealth creation in 2020? Shopify Inc. (TSX:SHOP)(NYSE:SHOP), Maxar Technologies Inc. (TSX:MAXR)(NYSE:MAXR), or Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP)?

  • 2 Canadian Companies Taking Innovation to the Next Level
    The Motley Fool

    2 Canadian Companies Taking Innovation to the Next Level

    Shopify Inc. (TSX:SHOP)(NYSE:SHOP) and one other exciting Canadian stock are soaring. Are you ready to ride the upside?

  • Investors: Do You Need to Be Worried About Shopify (TSX:SHOP)?
    The Motley Fool

    Investors: Do You Need to Be Worried About Shopify (TSX:SHOP)?

    Will Shopify Inc. (TSX:SHOP)(NYSE:SHOP) stock continue to move lower in the coming months?

  • Why Is Roku Stock Tanking Today?
    Market Realist

    Why Is Roku Stock Tanking Today?

    Roku (ROKU) stock has fallen 10.7% today to $143.75, 18.6% below its 52-week low. The streaming platform's stock has fallen 16% over the last two days.

  • What Happened in the Stock Market Today
    The Motley Fool

    What Happened in the Stock Market Today

    Shopify (TSX:SHOP)(NYSE:SHOP) wasn't able to get investors excited about its recent acquisition on Tuesday as the stock continues to struggle in September.

  • Amazon and Shopify: The Competition Intensifies
    Market Realist

    Amazon and Shopify: The Competition Intensifies

    eMarketer expects Amazon (AMZN) to account for almost half of the total US retail e-commerce market in 2019. Where does Shopify come in?

  • Overvalued Tech Stocks Lose Market Value Again Today
    Market Realist

    Overvalued Tech Stocks Lose Market Value Again Today

    Overvalued tech stocks such as Alteryx and Twilio lost market value yesterday. They're also sliding today as investors are wary about valuations and growth.

  • Shopify Slides Even as Analysts Back $450 Million 6 River Deal
    Bloomberg

    Shopify Slides Even as Analysts Back $450 Million 6 River Deal

    (Bloomberg) -- Shopify Inc. slid after announcing the purchase of 6 River Systems Inc. even after analysts said the deal would help ramp up its $1 billion plan to set up a network of fulfillment centers in the U.S.The Ottawa-based company disclosed the purchase of 6 River on Monday for $450 million, with 60% of that in cash and the rest in voting shares, according to a statement from both companies. Shopify fell as much as 4.9% in New York to the lowest in a month, extending the stock’s slump for a third day.Waltham, Massachusetts-based 6 River uses robots and software to help fill retailers’ orders in warehouses. In June, Shopify laid out a plan to expand its fulfillment business to help merchants using its e-commerce platform deliver products, similar to Amazon.com Inc.6 River was founded by executives who came from Kiva Systems -- now Amazon Robotics -- and it operates in more than 20 facilities across the U.S., Canada and Europe. It fulfills orders for companies including Lockheed Martin Corp. and Office Depot Inc.The deal, poised to close in the fourth quarter, is expected to increase Shopify’s expenses by about C$25 million ($19 million) in 2019, with no material impact on its revenue for the year.An investor darling in Canada’s ever-growing tech space, Shopify has climbed more than 1,400% since it went public in 2015. It’s among the nation’s best performing stocks this year with a 150% surge.(Updates to include share price move in the first and second paragraphs.)\--With assistance from Kristine Owram.To contact the reporters on this story: Natalie Wong in Toronto at nwong133@bloomberg.net;Divya Balji in Toronto at dbalji1@bloomberg.net;Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Jacqueline Thorpe at jthorpe23@bloomberg.net, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Shopify Buys 6 River, Threatens Amazon's Warehouse Tech Lead
    Zacks

    Shopify Buys 6 River, Threatens Amazon's Warehouse Tech Lead

    Shopify's (SHOP) acquisition of 6 River Systems is expected to boost its competitive position in the fulfillment network space dominated by Amazon.

  • After Hours: Shopify Makes a $450 Million Buy, Wendy's to Serve More Breakfast
    Motley Fool

    After Hours: Shopify Makes a $450 Million Buy, Wendy's to Serve More Breakfast

    Shopify is acquiring a warehouse tech company, while the fast-food restaurant operator gears up for the morning meal.

  • The Canadian Press

    Shopify to buy fulfilment solutions company 6 River Systems for US$450M

    OTTAWA — Shopify Inc. says it will buy fulfilment solutions company 6 River Systems Inc. in a US$450 million cash and share deal as it looks to push further into the warehousing and shipping side of online retail.Ottawa-based Shopify says the acquisition will give it access to fulfilment software and robotics, including mobile robots designed to get orders shipped more efficiently from warehouses.Shopify announced in June that it would spend over US$1 billion in the next few years to establish a network of U.S. fulfilment centres, providing its merchants with an alternative to online giant Amazon in the warehousing and shipping sector. The company says it will pay 60 per cent in cash and 40 per cent in Shopify class A subordinate voting shares for the company, including $69 million in shares and options that will vest to 6 River Systems founders and employees based on certain conditions.Tobi Lutke, CEO of Shopify, says in a release that the 6 River System deal gives it access to advanced technology that will bring efficiencies to companies of all sizes.Shopify, which says it has 820,000 merchants as customers, is a technology platform that helps retailers sell merchandise online. Companies in this story: (TSX:SHOP)The Canadian Press

  • Shopify buys warehouse automation tech developer 6 River Systems for $450 million
    TechCrunch

    Shopify buys warehouse automation tech developer 6 River Systems for $450 million

    The acquisition will serve to boost efficiencies among Shopify's FulfillmentNetwork service, which launched in June

  • Business Wire

    Shopify to Acquire 6 River Systems

    Shopify Inc. (SHOP)(SHOP.TO), the leading multi-channel commerce platform, today announced that it has reached an agreement to acquire 6 River Systems, Inc., a leading provider of collaborative warehouse fulfillment solutions. In June, Shopify introduced the Shopify Fulfillment Network, a powerful and trusted fulfillment network that will ensure timely deliveries, lower shipping costs, and provide superb customer experience for merchants and their customers. This acquisition is a critical step to accelerate its growth, while 6 River Systems will also continue to build and sell their solution for warehouses.

  • Software Stocks Plunge as Investors Grow Wary of Valuations
    Bloomberg

    Software Stocks Plunge as Investors Grow Wary of Valuations

    (Bloomberg) -- Shares of some of this year’s highest-flying software stocks tumbled Monday as investors re-evaluate this year’s rally in light of the premium valuations their rapid revenue growth commands.Data-management software developer Alteryx Inc. plunged as much as 15%, while cybersecurity firm Crowdstrike Holdings Inc. sank 13%. They have been among 2019’s top performers, more than doubling since the start of the year. Both had revenue growth that exceeded 70% in the second quarter and trade at more than 20 times estimated sales, according to data compiled by Bloomberg. The average for the S&P 500 Software Index is about 7 times.Enterprise-software companies have been among the standout gainers in the S&P 500 this year, as investors have been have been willing to pay higher prices for faster revenue expansion amid concerns about slowing global growth. They’ve also been helped by limited China exposure, which has increased their appeal amid the Sino-American trade war. Monday’s slump comes after the broader market retraced almost all of its August losses as trade and economic worries eased.“Most of the names getting hit are high-multiple names that have had impressive run ups,” said Rishi Jaluria, a D.A. Davidson analyst. “This suggests some level of profit taking.”Other notable decliners on Monday include:Fastly Inc. -16%Slack Technologies Inc. -12%MongoDB Inc. -11%Pagerduty Inc. -11%Zoom Video Communications Inc. -9.6%Okta Inc. -11%Twilio Inc. -10%Coupa Software Inc. -11%Trade Desk Inc. -11%Shopify Inc. -7.8%(Adds S&P 500 Software Index average multiple in second pargraph.)To contact the reporter on this story: Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Richard RichtmyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • SHOP Breaks Support
    Investor's Business Daily Video

    SHOP Breaks Support

    Shopify undercut its 50-day line. The e-commerce software leader was among the last big software winners to break support. Long-time holders should likely wait to see if weekly loss/volume very heavy before selling.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib