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0.00066755674232306 0.00066755674232306 -0.000333778371161625 0.00126835781041387 -0.0038050734312418 -0.00924566088117503 -0.00420560747663548 -0.00203604806408549
Stock impact report

Shopify reclaims Canada's most valuable company title after stock jumps 21% [Wealth Professional (Canada)]

Shopify Inc. - Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. - class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Shopify Inc. has eclipsed Royal Bank of Canada to become the country's most valuable publicly traded company on Wednesday, following second-quarter results that beat expectations and sent its share price soaring 21.5 percent. Reuters report that the company's market capitalisation reached roughly $277bn, driven by 31 percent year-over-year revenue growth and a strong forecast for the third quarter. The rally helped push the S&P/TSX composite index up 350.79 points, or 1.3 percent, to a record high of 27,920.87 on Wednesday. Shopify shares held their gains through Thursday, closing at $207.56—up 19.75 percent over five days—according to end-of-day market data for Thursday. The sharp increase began on Wednesday, following Shopify's earnings release, and remained largely steady despite broader market weakness. According to CNBC , Shopify's second-quarter revenue rose to US$2.68bn, exceeding analyst expectations of US$2.55bn. The company forecast revenue growth in the “mid-to Show less Read more
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