Description: Shares of Canadian e-commerce giant Shopify Inc. entered correction territory on both the Toronto Stock Exchange and New York Stock Exchange Tuesday after the company announced it will issue more than one million shares to help fuel further growth

Source: BNNBloomberg.ca – video report

Date: Feb 23, 2021

Link: https://www.bnnbloomberg.ca/shopify-enters-correction-territory-after-stock-sale-announcement-1.1567595

Questions for discussion:

• What explains the drop is current share value?
• What are the longer term prospects for the company and shares?
• Would you be a buyer or seller at this time?