Shopify Stock Before the Open on December 1, 2025: Black Friday Record, Layoffs and 2026 Price Targets
Shopify reported record Black Friday sales of $6.2 billion for its merchants, up about 25% from last year. Shares closed at $158.64 on November 28, down 0.44%, before rebounding slightly after hours. The company confirmed new layoffs and faces regulatory scrutiny over illegal vape sellers. Analyst targets cluster between $165 and $200, with the stock trading about 13% below its recent high.