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Shopify's Surge Can't Keep CE 100 Index From Slipping 1.5%
SHOPShopify(SHOP) PYMNTS.com·2024-11-18 09:00

The scorching post-election rally that lifted stocks across all market capitalizations and verticals paused this past week.Even post-earning surges in select CE 100 names were not enough to lift the overall index, which slipped 1.5%. Eight of the 11 pillars lost ground, along with the broader markets, which slid this week, too.Shopify’s stock roared ahead by 24.3%, but nonetheless the Shop segment led declining verticals, off 5.1%.As we reported in the wake of Shopify’s earnings, President Harley Finkelstei ...