Shopify's Black Friday Sales Break Records, Boosting Stock

1 min read
Source: The Wall Street Journal
Shopify's Black Friday Sales Break Records, Boosting Stock
Photo: The Wall Street Journal
TL;DR Summary

Shopify's stock climbed after the company announced that merchants using its platform recorded a record-breaking $4.1 billion in sales on Black Friday, a 22% increase from the previous year. The stock reached a one-year high and rose over 4% in morning trading, surpassing $73 per share.

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