Why Shopify Stock Tanked on Monday - The Motley Fool

News of increasing competition and perhaps some profit-taking sent the cloud-based commerce software provider into a tailspin.

What happened Shares of Shopify( SHOP -12.38% ) got crushed on Monday, tumbling as much as 16.3%. As of 1:03 p.m., the stock was still down 11.6%. The catalyst that sent the e-commerce tools provid… [+2175 chars]

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