Shopify shares tumble after 1:10 stock split

On Wednesday, local time, Canadian e-commerce company Shopify split its stock, 1 share became 10 shares, and the stock price fell after the split… Shopify was listed in Toronto, and the company’s stock price fell 5.8% to 42.47 Canadian dollars on Wednesday. Shopify stock has lost 76% of its value so far this year.
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