Exclusive: Shopify Inc. Cl A stock falls Friday, underperforms market

Shares of Shopify Inc. Cl A

shed 9.61% to C$37.35 Friday, in what proved to be an all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index

falling 2.09% to 18,583.13. This was the stock’s third consecutive day of losses. Shopify Inc. Cl A closed C$185.52 below its 52-week high (C$222.87), which the corporate reached on November nineteenth. Trading volume of 4.5 M shares eclipsed its 50-day average volume of 4.0 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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