The Latest Breaking News from Shopify

Someone with a lot of money to spend has taken a bearish stance on Shopify (NYSE:SHOP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

After seeing surging demand since the onset of the COVID-19 pandemic, e-commerce companies are striving to deliver personalized shopping experiences to their customers. Although the industry possesses healthy long-term growth prospects, growing inflationary pressures and labor and supply chain constraints could cause overvalued e-commerce stocks Shopify (SHOP), Sea Limited (SE),…

While the forthcoming interest rate hikes could disrupt the tech sector's near-term performance, the potential of the metaverse to change the tech landscape is helping this sector garner immense investor interest. So, we think it could be wise to add under-the-radar metaverse stocks Tencent (TCEHY), Shopify (SHOP), Snap (SNAP), and…

Shopify is the IBD Stock Of The Day as an example of how to use sell rules. SHOP stock has plunged in 2022.

Shopify Inc (NYSE: SHOP) is trading lower Tuesday following bearish analyst coverage from Keybanc. Keybanc analyst Josh Beck maintained Shopify with an Overweight rating and lowered the price target from $1750 to $1250.

A whale with a lot of money to spend has taken a noticeably bearish stance on Shopify. Looking at options history for Shopify (NYSE:SHOP) we detected 27 strange trades.

Today's 5 Stock Ideas: Microsoft (MSFT) - The company reports Q2 earnings today after the close. Shopify (SHOP) - Shares down premarket. Keybanc lowered its price target on the stock from $1750 to

If history is any guide, there may be trouble ahead for shares of Shopify (NYSE:SHOP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 67.68% on an annualized basis.