Shares of Shopify dropped more than 5% during extended trading after the company announced a new offering of 1.9 million Class A subordinate shares.
dropped more than 5% during extended trading after the company announced a new offering of 1.9 million Class A subordinate shares.
The Canadian e-commerce company said in a press release that it "expects to use the net proceeds from the offering to strengthen its balance sheet, providing flexibility to fund its growth strategies."The company, which helps small businesses market their products directly to consumers online, surpassed
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