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Shopify stock price slides 7% as tariff fog, AI jitters squeeze software names
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Shopify stock price slides 7% as tariff fog, AI jitters squeeze software names
Shopify shares fell 7.1% to $117.28 on Monday, their steepest drop in weeks, as investors sold off software stocks amid U.S. tariff uncertainty and AI disruption fears. The S&P 500 software group slid 4.3%. U.S. Customs set a 10% tariff rate starting Tuesday, with a possible increase to 15% under discussion. No new Shopify announcements were made Monday. The post Shopify stock price slides 7% as tariff fog, AI jitters squeeze software names appe…
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