Stock Track | Shopify Soars 5.04% Intraday on Record $14.6 Billion Black Friday-Cyber Monday Sales

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Shopify's stock surged 5.04% intraday on Tuesday, driven by the company's announcement of record-breaking sales during the Black Friday-Cyber Monday weekend. Merchants on Shopify's platform achieved $14.6 billion in global sales, marking a 27% year-over-year increase. Over 81 million customers worldwide purchased from Shopify-powered brands, with the average cart price reaching $114.70.

The strong sales performance was complemented by positive analyst sentiment and significant investor activity. Ark Invest, led by Cathie Wood, purchased $3.9 million worth of Shopify shares, highlighting confidence in the company's growth trajectory. Analysts from DA Davidson, Benchmark, and Scotiabank have maintained or raised their price targets, citing Shopify's expanding global reach and AI-driven commerce capabilities.

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Merchants on Shopify's platform achieved $14.6 billion in global sales, marking a 27% year-over-year increase. Over 81 million customers worldwide purchased from Shopify-powered brands, with the average cart price reaching $114.70.</p><p>The strong sales performance was complemented by positive analyst sentiment and significant investor activity. Ark Invest, led by Cathie Wood, purchased $3.9 million worth of Shopify shares, highlighting confidence in the company's growth trajectory. Analysts from DA Davidson, Benchmark, and Scotiabank have maintained or raised their price targets, citing Shopify's expanding global reach and AI-driven commerce capabilities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHOP","symbol_name":"Shopify Inc","start_time":0,"source_url":"","article_id":"1137377206","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1137377206","pubTimestamp":1764688584,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shopify's stock surged 5.04% intraday on Tuesday, driven by the company's announcement of record-breaking sales during the Black Friday-Cyber Monday weekend. 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