Toronto index rebounds on energy, tech boost [Financial Post (Toronto, 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: Financial Post
At 9:47 a.m. ET (13:47 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 268.42 points, or 1.36%, at 19,967.47 and was set to snap its six-day losing streak. The technology sector rose 4.3%, tracking gains in U.S. tech-heavy Nasdaq index. Shopify Inc, up 10.6%, also supported the sub-index. The energy sector climbed 3%, 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%, supported by pot producers Canopy Growth, Cronos Group, Aurora Cannabis up between 4.2% and 5.7%. The benchmark index, down 3.3% this week, was set to record its seventh consecutive week in losses, hurt by recent sell-off in equity markets on concerns around a
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News
- 21 Small Business Ideas for Kids [Yahoo! Finance]Yahoo! Finance
- Shopify Inc. (NYSE: SHOP) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $85.00 price target on the stock, up previously from $74.00.MarketBeat
- How will the changes to capital gains in Canada affect tech sector? [MoneySense]MoneySense
- Why the Market Dipped But Shopify (SHOP) Gained Today [Yahoo! Finance]Yahoo! Finance
- Tech industry warns capital gains proposals could cause ‘irreparable harm’ [Investment Executive - News]Investment Executive - News
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