Shopify Stock Looking Good and Gaining Pace in the Market

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Shopify’s most recent earnings report, in late October, showed that its platform has plenty of room for growth as more retailing spending moves online. Sales jumped 58% and the company moved $10 billion worth of products through its platform.

The Online selling platform Shopify (SHOP) outpaced the market last month by gaining 11% compared to a 1.8% boost in the S&P 500, according to data provided by S&P Global Market Intelligence.

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