Shares of Shopify Inc. Cl A SHOP, +8.77% advanced 8.77% to C$58.91 Monday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.63% rising 0.63% to 20,631.58.
Shopify Inc. Cl A closed C$66.59 short of its 52-week high (C$125.50), which the company reached on February 1st. Trading volume of 5.4 M shares eclipsed its 50-day average volume of 4.4 M.