At midday: TSX jumps almost 2% on energy, tech boost [Toronto Globe and Mail (Ontario, Canada)]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: Toronto Globe and Mail
Canada’s main stock index rebounded on Friday on the back of gains in energy and technology stocks, but was set to post its seventh consecutive weekly drop. At 10:38 a.m. ET, the Toronto Stock Exchange’s S&P/TSX composite index was up 378.64 points, or 1.97%, at 20,08689 and was set to snap its six-day losing streak. The technology sector rose 5%, tracking gains in U.S. tech-heavy Nasdaq index. Shopify Inc, up 10.6%, also supported the sub-index. The energy sector climbed 3.7%, supported by a rebound in crude prices. “We’ve got a bit of optimism this morning as we come in and it feels like things are calmer. Oil’s up 3%, so it feels like we might have a bit of a short cover bounce today, but it’s really going be all about the close and see if we can hold it into the weekend,” said Gregory Taylor, portfolio manager at Purpose Investments. Healthcare stocks gained 3.7%, supported by pot producers Canopy Growth, Cronos Group, Aurora Cannabis up between 4.2% and 5.7%. The benchmark index,
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News
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- Shopify Inc. (NYSE: SHOP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
SHOP
Earnings
- 2/13/24 - Beat
SHOP
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- SHOP's page on the SEC website