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Why Shopify Stock Was Soaring Today

TheMotleyFool

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Why Shopify Stock Was Soaring Today: https://g.foolcdn.com/editorial/images/786303/e-commerce-shopping-getting-a-package.jpg

Shares of Shopify (NYSE: SHOP) surged today after the e-commerce software leader posted strong results in its second-quarter earnings report. The company beat estimates on the top and bottom lines and called for accelerating revenue growth in the third quarter.

As a result, the stock was up 22.9% as of 11:41 a.m. ET.

Image source: Getty Images.

Source Fool.com

Shopify Inc Stock

Shopify Inc dominated the market today, gaining €3.20 (4.500%).
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Shopify Inc.
As a result the target price of 82 € shows a slightly positive potential of 10.39% compared to the current price of 74.28 € for Shopify Inc.

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