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Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback
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Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback
Shopify’s Toronto shares slipped 1.1% to C$152.06 as investors weighed its $5 billion buyback and new AI tools against concerns over second-quarter growth and cash flow, with U.S. shares idle for Juneteenth after a volatile week marked by a sharp midweek drop and lingering questions about the impact of AI-driven commerce on costs and demand. The post Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback appeared fi…
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