Shares of Shopify Inc. Cl A SHOP, +5.54% advanced 5.54% to C$1,924.47 Tuesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +1.45% rising 1.45% to 21,162.65.
This was the stock’s second consecutive day of gains. Shopify Inc. Cl A closed C$304.26 short of its 52-week high (C$2,228.73), which the company reached on November 19th. Trading volume of 230,801 shares eclipsed its 50-day average volume of 146,723.