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Why Shopify Stock Bounded Higher on Wednesday
The Motley Fool· 2025-06-12 02:31
The e-commerce platform provider is providing merchants with more solutions.Shares of Shopify (SHOP 4.09%) charged sharply higher on Wednesday, climbing as much as 6.4%. As of 1:59 p.m. ET, the stock was still up 5.7%.While the broader market updraft likely helped fuel its ascent, the e-commerce platform provider announced it was adding a new tool to help merchants succeed. Automated tax filingShopify announced a partnership with compliance specialist Sovos to launch Shopify Tax automated filing, a new tool ...