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Why Shopify Stock Is Up Today

Why Shopify Stock Is Up Today

Shares of Shopify (NYSE: SHOP) climbed on Monday after the e-commerce infrastructure provider announced record-setting holiday sales. As of 3:15 p.m. ET, Shopify's stock price was up more than 3% after rising as much as 9% earlier in the day. Merchants on Shopify's platform generated a record $3.36 billion in Black Friday sales.