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0.0030775057999148 0.00269873585530985 0.00819090005208082 0.00771743762132473 -0.00194119596610007 -0.00187869892524021 -0.00724397519056863 -0.0127361393873396
Stock impact report

Shopify shifts US listing to Nasdaq, positioning for potential index inclusion [Wealth Professional (Canada)]

Shopify Inc. - Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. - class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Shopify Inc. plans to shift its US-listed shares from the New York Stock Exchange to the Nasdaq Global Select Market on March 31, a move that could open the door to its inclusion in the Nasdaq 100 Index, according to BNN Bloomberg The Nasdaq 100 tracks the performance of the 100 largest Nasdaq-listed non-financial companies. Shopify, which maintains a dual listing on the Toronto Stock Exchange, has a market capitalisation greater than all but 24 companies listed on the Nasdaq. “Being included in that index would equate to more buying power for a stock,” said Matthew Maley, Chief Market Strategist at Miller Tabak + Co. He pointed to recent inflows into funds tracking the Nasdaq 100 Shopify's shares have risen 16 percent since announcing the transfer, outpacing the broader index. Inclusion in such benchmarks has become increasingly important amid the growth of passively-managed investment vehicles. Mutual funds and exchange-traded funds (ETFs) tied to major indexes are requ Show less Read more
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