Why Shopify Stock Jumped 37% in 2024

Shopify (SHOP -3.65%) stock gained 37% in 2024, according to data provided by S&P Global Market Intelligence. The market is getting more excited about the e-commerce platform as it continues to report robust growth and improving profitability while the e-commerce market grows, and moderating inflation could boost consumer spending.The platform for every e-commerce retailerShopify is the infrastructure behind millions of e-commerce retailers. Its core client is a small or medium-sized business that signs up ...