Shares of Shopify (NYSE: SHOP) were climbing today even though there was no company-specific news out on the e-commerce software leader. Instead, macro-level news and several strong earnings reports gave investors some confidence that a recession could be averted. Stocks rallied this morning as macro-level data showed the U.S. economy continuing to grow in spite of fears of a recession. Read More...
Shares of Shopify (NYSE: SHOP) were climbing today even though there was no company-specific news out on the e-commerce software leader. Instead, macro-level news and several strong earnings reports gave investors some confidence that a recession could be averted. Stocks rallied this morning as macro-level data showed the U.S. economy continuing to grow in spite of fears of a recession.
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