From StockStory Inc.: 2025-06-06 16:29:00

Shares of e-commerce platform Shopify (NYSE:SHOP) surged 5.9% as major indices rebounded, driven by a strong labor market report showing non-farm payrolls rising by 139,000 in May 2025, beating expectations. This data suggests a stable economy, easing recession fears and supporting consumer spending. Shopify closed at $111.43, up 6.1% from previous close.

Market volatility indicates today’s move is significant, but won’t alter perception of Shopify. The stock is up 3.7% this year but still below its 52-week high. Investors who bought 5 years ago would see a 52.6% return. Consider thematic investing opportunities like AI growth stocks.



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