Shopify stock falls 2% to start 2026 as court order and rising yields weigh on SHOP
Shopify shares fell 2.34% to $157.20 Friday after a Canadian appeals court ordered the company to retain merchant data sought by the Canada Revenue Agency. The S&P 500 and Dow closed higher, while the Nasdaq was flat. U.S. Treasury yields rose to 4.191%. U.S. markets are closed Saturday.