Shopify, Inc. Hits Day High with Strong 6.46% Intraday Surge
Shopify, Inc. has seen a notable rise in stock performance, with significant gains over various time frames. The company has reported consistent positive results for six quarters, showcasing strong net sales growth and a substantial market capitalization. High institutional holdings reflect confidence in its fundamentals despite a low return on equity.
Shopify, Inc. has experienced a significant uptick in its stock performance, gaining 6.46% on October 3, 2025. The stock reached an intraday high of CAD 226.65, reflecting strong momentum in the market. Over the past week, Shopify has surged by 15.09%, and its one-month performance stands at an impressive 16.23%. In the past year, Shopify has delivered a remarkable return of 112.2%, significantly outperforming the S&P/TSX 60, which recorded a 25.43% increase during the same period. Year-to-date, the stock has risen by 47.0%, further showcasing its robust growth trajectory.
Despite a low return on equity of 5.87%, Shopify has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 37.88%. The company has reported positive results for six consecutive quarters, with operating cash flow reaching CAD 2,548.87 million and net profit growing by 99.19% to CAD 1,149.46 million.
With a market capitalization of CAD 245,950 million, Shopify continues to attract high institutional holdings at 73.85%, indicating confidence in its fundamentals.
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