Shopify Inc. shares are up more than 5% in early trading Thursday, after the company announced a partnership with Walmart Inc. that will allow Shopify merchants to sell their products on Walmart.com.
The news sent Shopify shares up as high as $156.40 in early trading Thursday, before pulling back slightly to $155.20 as of 9:35 a.m. ET. Shopify stock is up more than 80% so far this year.
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Shopify’s partnership with Walmart is the latest in a string of moves the company has made to expand its reach and grow its business. Earlier this year, Shopify announced plans to allow merchants to sell their products on Facebook Inc.’s Marketplace platform, and it has also been expanding its own e-commerce platform to include more features and tools for merchants.
Why Is Shopify Up Today?
Shopify is up today because of its partnership with Walmart Inc. This partnership allows Shopify merchants to sell their products on Walmart’s website, which is a major boost for the company’s reach and growth potential. Shopify stock is up more than 80% so far this year, and this latest partnership is likely to continue driving the stock higher in the days and weeks ahead.
6 Related Question Answers Found
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify is a popular choice for businesses that are looking to sell online because it is easy to use and has a wide range of features.
Shopify is one of the most popular ecommerce platforms out there, and it’s no wonder why. Big companies love using Shopify because it’s extremely user-friendly, reliable, and scalable. Plus, there are tons of features and integrations that make it ideal for businesses of all sizes.
Shopify is one of the most popular ecommerce platforms on the market today.Shopify is a complete ecommerce solution that allows you to create an online store to sell your products. It’s packed with features designed to make your life easier, from managing inventory to accepting payments. There are plenty of other ecommerce platforms out there, so what makes Shopify the best?
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify also has a wide range of integrations, making it a popular choice for businesses that want to sell online.
Shopify is an ecommerce platform that enables entrepreneurs to start their own online stores. Shopify is simple to use, especially a Shopify tutorial, making it a popular choice for those who are starting an online business for the first time. You can use Shopify to sell both physical and digital goods.
Shopify is a more affordable platform than most other ecommerce platforms. It offers a range of features, support, and customization options that make it an attractive choice for small businesses. It also offers an easy-to-use platform that makes it easy to set up and manage your business.
