Shares of Shopify are moving higher after the company reported Black Friday sales increasing 17% year over year.
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.
Shopify's (SHOP) merchants break records with the highest online sales on Black Friday.