Coldstream Capital Management Inc. has trimmed its position in Shopify Inc. As per its latest Form 13F filing with the Securities & Exchange Commission, the company has decreased its stake by 52.5 percent in the first quarter. The company now owns 316 shares after selling 349. Coldstream Capital Management Inc.’s holdings in the software maker […]

Bank of New York Mellon Corp has reduced its stake in shares of Shopify Inc. As per the company’s recent 13F filing with the Securities & Exchange Commission, the company decreased its stakes in the e-commerce giant by 5.4 percent during the first quarter. The institutional investor now owns 174,239 shares after selling 9,974 shares. […]

Shopify’s stock was seen crashing down on Friday due to the macroeconomic conditions in the United States. Another e-commerce platform Amazon and iPhone maker Apple saw a similar fall in their stock rates. While Shopify stock fell by 7.4 percent on Friday morning, Amazon and Apple saw falls of 4.3 percent and 3.2 percent respectively. […]

The Canadian e-commerce giant, Shopify, which boomed during the coronavirus pandemic came crashing down soon after restrictions were lifted globally. Amid deteriorating market conditions, Shopify stock lost 75 percent of its value in the last 12 months. If the downfall of macroeconomic conditions doesn’t stop, it would possibly hurt Shopify further. Last month, the company […]