Shopify surpasses RBC as Canada’s most valued stock. Should investors worry? [Video]
Categories
Shopify

Shopify surpasses RBC as Canada’s most valued stock. Should investors worry? [Video]

Shopify Inc. surged past Royal Bank of Canada to become the largest publicly traded Canadian company after another impressive rally on Wednesday. But can the Ottawa-based retail software giant break the curse of predecessors that have risen to the top of the Toronto Stock Exchange only to nosedive soon after?

It may be hard to envision any slip-ups right now: The shares have surged more than 4,100 per cent since the company’s initial public offering in 2015, making the stock a spectacular success story.

Shopify’s market capitalization – or the value of its outstanding shares – is now an astounding $121.2-billion after Wednesday’s 6.9-per-cent gain in late afternoon trading. That’s ahead of the $120.5-billion market cap for RBC, whose share price is languishing at 2016 levels.

Story continues below advertisement

Shopify tops RBC as Canada’s most valuable company

Market watchers have seen hot stocks overtake RBC before, though, and it hasn’t ended well.

Indeed, stocks that have pushed the financial giant from …

Watch/Read More

Most Popular Posts Today

Opinion: For businesses, distancing themselves from Donald Trump was the easy part [Video]
►
Categories
Shopify

Opinion: For businesses, distancing themselves from Donald Trump was the easy part [Video]

Although Canadian businesses are not allowed to contribute to political parties or candidates, this movement away from Donald Trump still holds important lessons for all companies and organizations, wherever their head office resides

I Sold $177K In 1 Month Shopify Dropshipping ⭐Product Reveal⭐ [Video]
►
Categories
Shopify

I Sold $177K In 1 Month Shopify Dropshipping ⭐Product Reveal⭐ [Video]

In this video I dig deeper into the best month, revenue wise, I had in 2020. We cover everything from what the product is to the ad creatives and everything in between. Dropshipping is a business model in which you advertise products of your choosing on your own shopify store, collect orders, and have the supplier ship directly to your customer. I reveal my winning product and winning ad creative. If you want to learn more about dropshipping contact me through any of the links below. Socials:https://www.instagram.com/austin.rabin/https://tiktok.com/@austinrabinDiscord Group, Personal Mentorship Program, and more here!👇https://linktr.ee/austinrabin

Most Popular This Week

Fastest Way To Make $10,000 Using Shopify & Trending Viral Products [Video]
►
Categories
Shopify

This is actually a video that will literally teach you how to make money fast using Shopify. The reason is this ecommerce business is based off of finding trending winning products to sell fast. This Shopify business is based off a trend. Meaning it will come and go. Not for the faint of heart...This video is part of my free make money online course for YouTube. To get the complimentary resources and watch the full make money online course in the right order visit:https://adrianbrambila.com/30daysGet my Daily Side Hustle Journal to guide you to creating an amazing online business:https://adrianbrambila.com/journalLearn how to start an online business and side hustle in my free live training I do every night: http://adrianbrambila.com/liveHere is the list of the top 10 books that have changed my life: http://adrianbrambila.com/booksLearn over 10 different type of beginner online side hustles that make 6 figures that you can start today. Use discount code at checkout 'youtube' for $100 Off: http://adrianbrambila.com/hustleWant to learn how to build ever lasting wealth? My new finance course is just $1 because EVERYONE should know this information get it here: http://adrianbrambila.com/money

This vlog contains an auto-curated collection of videos. The videos in this vlog do not necessarily reflect our opinion.