Why Shopify not Able to Attract Investor from Stock Split Fromula

Shopify Stock- Continued it Decline

The price of SHOP's stock fell 5.64 percent to close today at $33.05 after hitting the new low.

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SHOP Stock- Sells Online

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The split "will allow ownership to be more accessible for all shareholders," the company said in a press release.

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SHOP has lost around 75 percent of its value so this year, as e-commerce traffic declines and investors leave.

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Stocks of Shopify famously took off into a frenzy through the midst of the pandemic.

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Then it plummeted all up to $297 just two weeks later before trading higher during the bull market rise.

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Shopify's management is obviously hoping that a split of shares makes it more suitable for retail investors.

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Novavax (NVAX) closed its latest trading day at $58.95 It was down -1.04% from the previous session...

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Shopify Stock- Continued it Decline

Shopify Inc. (NYSE: SHOP) continued its slide for the third day in a row and then declined.

The price of SHOP's stock fell 5.64 percent to close today at $33.05 after hitting the new low.

SHOP Stock- New Low

SHOP Stock- Sells Online

The SHOP share price fell 5.64%. Canadian company that sells online fell after the 10-for-1 stock split.

The split "will allow ownership to be more accessible for all shareholders," the company said in a press release.

SHOP Stock- Allow Ownership

SHOP has lost around 75 percent of its value so this year, as e-commerce traffic declines and investors leave.

SHOP Stock- Investors Leave

Stocks of Shopify famously took off into a frenzy through the midst of the pandemic.

SHOP Stock- Took Off

Then it plummeted all up to $297 just two weeks later before trading higher during the bull market rise.

SHOP Stock- Two Weeks Later

Image Source- Inc Magazine

Shopify's management is obviously hoping that a split of shares makes it more suitable for retail investors.

SHOP Stock- A Share Split

Image Source- Protocol

Novavax (NVAX) closed its latest trading day at $58.95 It was down -1.04% from the previous session...

Novavax Stock is Showing Opposite Trend