Shopify (SHOP) Stock Moves -1.1%

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Shopify (SHOP) Stock Moves -1.1%

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Shopify (SHOP) closed the most recent trading day at $74.81, moving -1.1% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.23%. At the same time, the Dow lost 1.36%, and the tech-heavy Nasdaq lost 1.4%.

Shopify (SHOP) closed the most recent trading day at $74.81, moving -1.1% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.23%. At the same time, the Dow lost 1.36%, and the tech-heavy Nasdaq lost 1.4%.

Coming into today, shares of the cloud-based commerce company had gained 2.2% in the past month. In that same time, the Computer and Technology sector gained 2.32%, while the S&P 500 gained 1.61%.

Shopify (SHOP) closed the most recent trading day at $74.81, moving -1.1% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.23%. At the same time, the Dow lost 1.36%, and the tech-heavy Nasdaq lost 1.4%.

Coming into today, shares of the cloud-based commerce company had gained 2.2% in the past month. In that same time, the Computer and Technology sector gained 2.32%, while the S&P 500 gained 1.61%.

The investment community will be paying close attention to the earnings performance of Shopify in its upcoming release. The company's upcoming EPS is projected at $0.16, signifying a 1500% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.83 billion, indicating a 21.24% growth compared to the corresponding quarter of the prior year.