Here's Why Shopify (SHOP) Fell More Than Broader Market

Shopify (SHOP) closed at $115.01 in the latest trading session, marking a -1.48% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.4%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq gained 0.18%. Prior to today's trading, shares of the cloud-based commerce company had gained 7.72% outpaced the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97%.Investors will be eagerly watching for the performance of Shopify in its upcomin ...