Tag Archives: Shares

News: Shopify’s Beaten Down Shares May Surge Much Higher (NYSE:SHOP)

Sean Gallup This story was originally written on October 28, 2022, for subscribers of Reading The Markets, an SA marketplace service. Shopify (NYSE:SHOP) reported better-than-feared results last week, and now the stock could also be poised to run much higher. The company reported a lack of $0.02 per share within the third quarter, higher than […]

Microstrategy Bitcoin gambling loss increases to $1.5B, shares fall after $6M BTC purchase

MicroStrategy was the headline story Tuesday when it announced that it had acquired an additional 319 bitcoins in a sharp price decline, unaffected by ongoing market turmoil. According to a U.S. Securities and Exchange Commission filing, the software company that Michael Saylor founded spent $6 million to buy it. This makes it the largest crypto-related […]

Van ECK Associates Corp Acquires 4,429 Shares of Shopify Inc. (NYSE:SHOP)

Van ECK Associates Corp grew its holdings in shares of Shopify Inc. (NYSE:SHOP – Get Rating) (TSE:SHOP) by 153.6% in the first quarter, in line with its most up-to-date disclosure with the SEC. The fund owned 7,312 shares of the software maker’s stock after acquiring a further 4,429 shares through the period. Van ECK Associates […]

KG&L Capital Management LLC Purchases 691 Shares of Shopify Inc. (NYSE:SHOP)

KG&L Capital Management LLC boosted its position in Shopify Inc. (NYSE:SHOP – Get Rating) (TSE:SHOP) by 61.7% during the first quarter, HoldingsChannel.com reports. The fund owned 1,811 shares of the software maker’s stock after buying an additional 691 shares during the quarter. KG&L Capital Management LLC’s holdings in Shopify were worth $1,224,000 at the end […]