The Latest Breaking News from Shopify

Someone with a lot of money to spend has taken a bearish stance on Shopify (NYSE:SHOP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

While the forthcoming interest rate hikes could disrupt the tech sector's near-term performance, the potential of the metaverse to change the tech landscape is helping this sector garner immense investor interest. So, we think it could be wise to add under-the-radar metaverse stocks Tencent (TCEHY), Shopify (SHOP), Snap (SNAP), and…

If history is any guide, there may be trouble ahead for shares of Shopify (NYSE:SHOP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 67.68% on an annualized basis.

Shopify (NYSE:SHOP) has observed the following analyst ratings within the last quarter:

Someone with a lot of money to spend has taken a bearish stance on Shopify (NYSE:SHOP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

SHOP stock fell despite an e-commerce deal with JD.com to make it easier for U.S. companies to sell consumer products in China.

Shopify Inc (NYSE:SHOP) has partnered with e-commerce giant JD.com Inc (NASDAQ:JD) to help U.S. merchants sell their goods in China, CNBC reports. JD will open an "accelerated channel" for brands on Shopify to begin selling via its cross-border e-commerce site in China. The report added that JD would handle the price conversion and logistics…

Shopify provides a fully integrated point-of-sale solution for retailers.