One of the stock market's biggest winners during the Covid-19 pandemic has been Shopify Inc., an e-commerce software company that has benefited from surging traffic as vast swaths of the global population have been forced to do more of their shopping online.
Shopify's share price rose 6.7% to a record close of $629.90 on Monday, its eighth consecutive session of gains. The stock has climbed 82% since hitting a recent low April 2.
Quite a lot has been going on:
Shopify Stock Surge Continues On Executive's Tweet | Investor's Business Daily
A big rally in Shopify stock continued Monday in the wake of an executive's bullish tweet last week on the e-commerce firm's surging web traffic. While Shopify ( SHOP ) cleared a buy point, it did so while forming a late-stage base.
Shopify stock surged 6.7% to close at 629.90, hitting an all-time high on the stock market today . With the move, the e-commerce firm cleared a 593.99 buy point . However, Shopify stock jumped above the 5% buy zone with Monday's surge.
PowerReviews Included In Shopify Plus Certified App Program
The Shopify Plus Certified App Program highlights best-in-class technology solutions, chosen for their quality and alignment with Plus merchant needs. Each app is formally reviewed by the Shopify App Review and Quality Assurance Team, to ensure it meets advanced requirements in the areas of performance, security, privacy, and support.
PowerReviews has been a Shopify partner for four years, and this further strengthens the relationship.
Shopify Too Hot [Video]
Shopify Category soars past 593.99 buy point. Stock already looked extended from 470.67 entry last week as SHOP surged 41%. Needs to consolidate for a time and provide an entry.
This may worth something:
transcosmos Releases E-Commerce One-Stop Services Based on Shopify
With a new dedicated Shopify team, transcosmos becomes a certified Shopify Plus Official Partner
Shopify, a SaaS e-commerce platform with a robust and scalable infrastructure, empowers over one million active stores across 175 countries. Shopify not only offers features necessary to launch and operate e-commerce business, but also provides different plans for businesses to choose from based on their budget and business objectives, and customization options for them that include enterprise level features.
Shopify (NYSE:SHOP) - Why Shopify's Stock Is Trading Higher Today | Benzinga
Shopify (NYSE: SHOP ) shares are trading higher on Monday, continuing a streak of eight straight up sessions.
The strength is potentially related to increased interest and usage of online retail platforms amid the coronavirus pandemic. The company's CTO last week said the company's platform was experiencing high levels of traffic.
Shopify is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
R|T: The Retail Times - COVID-19 can't stop Shopify | BetaKit
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
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The company said that it's currently delivering some 4 million meals to 380,000 UK households each month and is on course to cross 400 million meals delivered by 2025.
SkipTheDishes has committed $15 million CAD to various initiatives in order to help restaurants and the public during the COVID-19 crisis.
An expanded debit card presence would allow Google to be more useful in keeping track of payments and purchases, as well as provide the company with valuable insight on consumer spending.
This Is (Another) Opportunity To Buy Shopify (SHOP), Canopy Growth Corporation (CGC) | US Post
The recent performance of Shopify (NYSE:SHOP) stock in the market spoke loud and clear to investors as SHOP saw more than 2.92M shares in trading volumes in the last trading session, way higher than the average trading volume of 2.92M shares by far recorded in the movement of Shopify (SHOP). At the time the stock opened at the value of $540.50, making it a high for the given period, the value of the stock jumped by 12.15%.
Given the most recent momentum in the market in the price movement of SHOP stock, some strong opinions on the matter of investing in the company's stock started to take shape, which is how analysts are predicting an estimated price of $494.40 for SHOP within consensus. The estimated price would demand a set of gains in total of -109.39%, which goes higher than the most recent closing price, indicating that the stock is in for bullish trends.
Happening on Twitter
Powell's Books rehires more than 100 employees amid online boom - Los Angeles Times https://t.co/uyi8EdauRo iLuvvit (from Chicago, IL) Mon Apr 20 16:27:59 +0000 2020
early 10s onion videos were so funny and feel so removed from the rest of the online video boom. kafka internationa… https://t.co/GNw7LvnUAN HansonOHaver (from h.ohaver@gmail.com) Mon Apr 20 19:14:48 +0000 2020
India's coronavirus lockdown has given online grocers the opportunity of a lifetime https://t.co/URw8S5oMPY qzindia (from India) Tue Apr 21 04:15:04 +0000 2020
Attraverso i nostri strumenti di analisi proprietari in ambito #SEO/#SEM, con @SeoTesterOnline abbiamo realizzato u… https://t.co/iCjsz4pez2 jacopopaoletti (from Rome, Milan, London) Sat Apr 18 14:12:08 +0000 2020
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