The latest update is out from Shopify ( (TSE:SHOP) ).
Shopify Inc. announced its decision to transfer its U.S. stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. This strategic move is expected to take effect with the last trading day on the NYSE being March 28, 2025, and the first trading day on Nasdaq being March 31, 2025. The transfer aims to align Shopify with Nasdaq’s technology-focused market, potentially enhancing its visibility and appeal among tech-focused investors. The company’s listing on the Toronto Stock Exchange will remain unchanged, and the stock will continue to trade under the ticker symbol ‘SHOP’.
More about Shopify
Shopify Inc. is a leading commerce technology company that provides a platform for businesses to create online stores and manage their sales. The company operates in the e-commerce industry, offering tools and services that cater to businesses of all sizes, focusing on enabling merchants to sell products online, in-store, and across various channels.
YTD Price Performance: -10.17%
Average Trading Volume: 8,013,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $123.4B
See more data about SHOP stock on TipRanks’ Stock Analysis page.
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