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Shopify Plunges 4% as Profit-Taking Halts Extended E-Commerce Rally

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Shopify shares fell 4% following an 18% monthly gain, driven by profit-taking rather than fundamental issues.
  • Peers eBay and Etsy also slipped modestly.
  • While Shopify's premium valuation increases short-term volatility, its core B2B metrics remain solid heading into the third quarter.
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AMZN price history

256.78 +13.48% over the displayed period

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