Shopify Down Over 19%, on Track for Record Percent Decrease — Data Talk

Shopify, Inc. Class A (SHOP) is currently at $61.86, down $15.19 or 19.72%

--Would be lowest close since Nov. 10, 2023, when it closed at $61.34

--Would be largest percent decrease on record (Based on available data back to May 21, 2015)

--Currently down two consecutive days; down 20.05% over this period

--Worst two day stretch since the two days ending May 6, 2022, when it fell 22.25%

--Down 11.88% month-to-date

--Down 20.59% year-to-date

--Down 63.41% from its all-time closing high of $169.06 on Nov. 19, 2021

--Down 2.08% from 52 weeks ago (May 10, 2023), when it closed at $63.17

--Down 31.81% from its 52-week closing high of $90.72 on Feb. 9, 2024

--Up 33.31% from its 52-week closing low of $46.40 on Oct. 27, 2023

--Traded as low as $60.64; lowest intraday level since Nov. 13, 2023, when it hit $60.24

--Down 21.3% at today's intraday low; largest intraday percent decrease on record (Based on available data back to May 21, 2015)

All data as of 10:16:55 AM ET

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 08, 2024 10:34 ET (14:34 GMT)

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