Shopify (NYSE:SHOP) shares are trading higher, potentially in anticipation of the company's first-quarter earnings results. The company reports earnings on Wednesday before the market opens.
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue).
Shopify shares were 5.52% higher at $1,160.27 at the time of writing. The stock has a 52-week high of $1,499.75 and a 52-week low of $595.03.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
