Shopify (SHOP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the latest market close, Shopify (SHOP) reached $78.42, with a -0.33% movement compared to the previous day. This change lagged the S&P 500's 0.29% loss on the day. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.3%.Prior to today's trading, shares of the cloud-based commerce company had lost 2.47% over the past month. This has lagged the Computer and Technology sector's gain of 3.61% and the S&P 500's gain of 4.42% in that time.Analysts and investo ...