Shopify Stock Extends Gains on Cooling Labor Data
Shares of e-commerce platform Shopify (SHOP) rose 3.9% in pre-market trading, extending previous session gains. Cooling labor market data has tempered expectations for an October Federal Reserve interest rate increase.
9% in pre-market trading as the stock extended gains from the previous session after cooling labor market data tempered expectations for an October Federal Reserve interest rate increase, alongside positive Wall Street updates.