Canadian Company Close Updates

Shopify Inc. Cl A stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Shopify Inc. Cl A SHOP, +0.67% inched 0.06% higher to C$1,741.63 Thursday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.03% rising 0.98% to 20,819.94. This was the stock's second consecutive day of gains. Shopify Inc. Cl A closed C$334.25 short of its 52-week high (C$2,075.88), which the company achieved on July 26th. Trading volume of 60,896 shares remained below its 50-day average volume of 121,739.

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