Shopify (SHOP.TO) heads into July with buyback in focus after holiday week spike
Shopify Inc. closed out the U.S. holiday-shortened week up 2.2% from last Friday to Thursday, all of it coming on Wednesday’s move. The stock traded sideways most of the week. The Nasdaq was closed July 3 for the Independence Day holiday. Shopify ended Thursday at $119.46, dropping 1.78% with 6.76 million shares traded. That’s under the 65-day average volume some market data providers use. On Shopify’s investor site, the stock lists a 52-week range of $94.00 to $182.19.