Why Shopify (SHOP) Outpaced the Stock Market Today

In the latest market close, Shopify (SHOP) reached $81.14, with a +1.1% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq gained 0.43%.Heading into today, shares of the cloud-based commerce company had gained 4.46% over the past month, outpacing the Computer and Technology sector's gain of 3.67% and the S&P 500's gain of 2.08% in that time.The investment community will be closely ...