Why Shopify Stock Jumped on Monday

Shares of Shopify (NYSE: SHOP) jumped on Monday, rising more than 6% as of 2:50 p.m. EDT.

The stock's gain likely reflects both broader-market bullish trends on Monday and exceptional strength in growth stocks like Shopify.

Image source: Shopify.https://cdn.shopify.com/assets2/press/resources/photo-desk-56cfc3d26b55289a7b02f5e8b6f1d63b89565ff615e8ac4bf883ed19f8cb1bce.jpg