Shopify shares are trading higher amid overall market strength following a drop in Treasury yields from the release of new U.S. economic data.
Portfolio Pulse from Benzinga Newsdesk
Shopify's stock is trading higher due to overall market strength following a decrease in Treasury yields, which was triggered by the release of new U.S. economic data.
August 29, 2023 | 3:24 pm
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Shopify's stock is trading higher due to overall market strength and a decrease in Treasury yields.
The decrease in Treasury yields, which was triggered by the release of new U.S. economic data, has led to overall market strength. This has positively impacted Shopify's stock, causing it to trade higher.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100