Shares of Shopify Inc. Cl A SHOP, -0.14% inched 0.73% higher to C$2,075.04 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -1.73% rising 0.30% to 21,613.18.
This was the stock’s second consecutive day of gains. Shopify Inc. Cl A closed C$153.69 short of its 52-week high (C$2,228.73), which the company achieved on November 19th. Trading volume of 58,467 shares remained below its 50-day average volume of 140,245.