Shares of Shopify Inc. Cl A SHOP, +0.77% inched 0.77% higher to C$45.66 Monday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +1.08% rising 1.08% to 19,987.23.
This was the stock’s fourth consecutive day of gains. Shopify Inc. Cl A closed C$177.21 below its 52-week high (C$222.87), which the company achieved on November 19th. Trading volume of 2.8 M shares remained below its 50-day average volume of 3.4 M.