|Bid||133.43 x 800|
|Ask||133.66 x 1800|
|Day's Range||131.70 - 136.18|
|52 Week Range||100.40 - 176.60|
|Beta (3Y Monthly)||2.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2018 - May 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||163.04|
Shopify Inc. (SHOP) (SHOP.TO) (“Shopify”) today announced that it has completed its previously announced offering of Class A subordinate voting shares (the “Offering“) at a price to the public of US$154.00 per share. An aggregate of 2,600,000 Class A subordinate voting shares were sold by Shopify for aggregate gross proceeds, before underwriting discounts and offering costs, of US$400,400,000. Shopify expects to use its net proceeds from the Offering to strengthen its balance sheet, providing flexibility to fund its growth strategies.
Shares of the e-commerce platform operator have shed more than a quarter of their value since peaking in July. It could be a golden opportunity to hop on the stock here.
PayPal (PYPL) competes with many companies in the digital payments space, but the company views cash as its greatest rival. In the United Kingdom, cash use is on the decline, which should be good news for PayPal. UK consumers made 13.1 billion cash transactions in 2017, down 15% from 2016, according to UK Finance, a banking trade group.
Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
NEW YORK, NY / ACCESSWIRE / December 17, 2018 / Costco and Shopify were both in the red on Friday. Costco reported solid quarterly results, but traders were more concerned about the direction of the company. Shopify announced a dilutive secondary stock offering last week that had Wall Street on edge.
Shopify Inc. (SHOP)(SHOP.TO) (“Shopify”) today announced the pricing of its previously announced public offering of 2,600,000 Class A subordinate voting shares (the “Offering“) at a price to the public of US$154 per share. The gross proceeds from the Offering, before underwriting discounts and offering costs, are expected to be US$400,400,000. Shopify expects to use the net proceeds from the Offering to strengthen its balance sheet, providing flexibility to fund its growth strategies.
Shopify Inc. (SHOP)(SHOP.TO) (“Shopify”) today announced that it has filed a preliminary prospectus supplement (the “Preliminary Supplement”) to its short form base shelf prospectus dated August 3, 2018 (the “Base Shelf Prospectus”). The Preliminary Supplement was filed in connection with a public offering of Shopify’s Class A subordinate voting shares (the “Offering”). The Preliminary Supplement has been filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec.
Shopify Inc.'s (NYSE:SHOP): Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. The US$17b market-cap Read More...
The recent sell-off in tech stocks has led to divergent views on Shopify (NYSE:SHOP). Others look to the enormous growth of Shopify stock as filling the niche that Amazon (NASDAQ:AMZN) cannot supplant. Some look at the forward price-to-earnings (PE) ratio that hovers above 220 and conclude that it has nowhere to go but down.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow over 700 of the best-performing investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish […]
NEW YORK, NY / ACCESSWIRE / December 11, 2018 / Wall Street bounced on Monday as optimism outweighed earlier losses caused by the U.S. - China trade dispute. Analysts expect the Federal Reserve to raise ...
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / U.S. equities finished modestly lower on Thursday as trade concerns were reignited after the arrest of a Huawei senior executive. The Dow Jones Industrial ...
Shopify (SHOP) recently acquired Swedish e-commerce company Tictail. Financial terms of the deal have not been disclosed. Shopify is acquiring strategic businesses at a time when it is getting into more heated competition with Amazon (AMZN) for not just online shoppers but also sellers.