Shopify (SHOP) Suffers a Larger Drop Than the General Market: Key Insights

Shopify (SHOP) closed the latest trading day at $82.33, indicating a -1.45% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.76%.The cloud-based commerce company's shares have seen an increase of 7.24% over the last month, surpassing the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 3.36%.Investors will be eagerly watching for the performance of Shopify in its upcoming ea ...