Shopify (SHOP) Registers a Bigger Fall Than the Market: Important Facts to Note

In the latest trading session, Shopify (SHOP) closed at $81.40, marking a -1.84% move from the previous day. This change lagged the S&P 500's 0.32% loss on the day. Elsewhere, the Dow saw a downswing of 0.71%, while the tech-heavy Nasdaq depreciated by 0.2%.The cloud-based commerce company's stock has climbed by 11.3% in the past month, exceeding the Computer and Technology sector's gain of 9.33% and the S&P 500's gain of 4.59%.Market participants will be closely following the financial results of Shopify i ...