The e-commerce platform Shopify has been on a tear lately. Its stock is up more than 150% so far this year, and it’s now worth almost $25 billion. That makes it one of the most valuable Canadian tech companies, and one of the 50 most valuable companies in the world.
With such a impressive run, investors are wondering if Shopify might do a stock split. A stock split is when a company divides its shares into multiple pieces, typically to make them more affordable for investors.
Shopify has done two stock splits in the past, both 2-for-1 splits. The first was in 2015, and the second was in 2016. So if history is any guide, Shopify could do another split soon.
PRO TIP: Will Shopify Do a Stock Split?
Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
As of May 2020, Shopify has more than 1 million active users, including big names like Tesla, Budweiser, Red Bull, and Nestle.
Shopify went public on the New York Stock Exchange in May 2015. Since then, its stock has skyrocketed, giving it a market capitalization of over $30 billion as of early 2020.
With such a high market cap and strong growth prospects, some investors are wondering if Shopify will do a stock split in the near future.
However, there is no guarantee that Shopify will do a stock split and there is no set timetable for when or if it will happen. So investors considering buying shares of Shopify should be aware that the stock price could continue to rise or fall sharply in either direction.
The company has not said anything publicly about a possible split, but it’s worth noting that its CEO, Tobi Lutke, has been a big proponent of splits in the past. In 2012, he wrote a blog post advocating for them, arguing that they make stocks more accessible to a wider range of investors.
“A lot of people are priced out of investing in many public companies because the shares are just too expensive,” he wrote. “By splitting the stock, we can make it more affordable and thus open up ownership to a larger group of people.”
Lutke also argued that stock splits can signal confidence on the part of a company’s management. “It says that management thinks that the company is doing well and will continue to do well,” he wrote. “It’s a vote of confidence in the future.”
Of course, there are also downsides to stock splits. They can be disruptive to a company’s operations, and they don’t always deliver the results that investors are hoping for. But given Shopify’s strong track record and Lutke’s past comments, it’s certainly something to keep an eye on in the months ahead.
10 Related Question Answers Found
Shopify (NYSE: SHOP) has been on a tear lately. The stock is up nearly 50% since early November and is now trading at all-time highs. With the company’s strong fourth-quarter results, many investors are wondering if Shopify will do a stock split.
Shopify, one of the hottest tech companies in Canada, is considering a stock split. The e-commerce platform provider is said to be mulling over the move in order to make its shares more accessible to a wider range of investors, according to sources familiar with the matter. Shopify has been on a tear lately, with its stock price more than doubling in the past year.
Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment.
Shopify Inc. (NYSE: SHOP) has been one of the hottest stocks on the market over the past year. The company’s share price has more than tripled since this time last year, and it doesn’t show any signs of slowing down. With Shopify’s strong financials and growing customer base, there’s no reason to think that the stock won’t continue to rise in the future.
Shopify is one of the most popular ecommerce platforms on the market. It allows businesses of all sizes to create an online store and sell their products to customers around the world. While Shopify does have some competition from other ecommerce platforms, it still remains one of the top choices for businesses looking to sell online.
Shopify (SHOP) is an e-commerce platform that enables businesses of all sizes to create an online store. It offers a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify’s platform is based on three pillars: simplicity, flexibility, and scalability.
Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.
Shopify is a publicly-traded company on the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSX) that offers a platform for businesses to create online stores. As of 2019, Shopify stock does not pay dividends. Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake.
Shopify (SHOP) is an e-commerce platform that enables businesses of all sizes to set up an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify’s share price has been on a tear in recent years, more than doubling since 2016.
Shopify, one of the most popular ecommerce platforms, is planning a split that would create two separate companies. The move would allow Shopify to focus on its core ecommerce business, while spinning off its payments business into a separate company. The move would also help Shopify tap into the growing payments industry, which is expected to be worth $1.2 trillion by 2020.
