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Shopify Stock Is Trending On Tuesday - Here's Why - Shopify (NASDAQ:SHOP)

Summary by Benzinga
Shopify Inc (NASDAQ:SHOP) shares are trading higher during Tuesday’s session. Th stock is trending and the move comes amid a general rally in the technology sector. Technical Analysis Shopify is trading 5.1% above its 20-day Simple Moving Average (SMA), but it remains 11.4% below its 100-day SMA, showing a short-term rebound inside a still-challenged intermediate trend. Shares are up 35.50% over the past 12 months and are currently positioned cl…

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Benzinga broke the news in New York, United States on Tuesday, March 17, 2026.
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