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SHOPERSTOP - Shopper's Stop News Story

₹164.35 0.9  0.5%

Last Trade - 10:46am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £147.0m
Enterprise Value £353.8m
Revenue £354.0m
Position in Universe 566th / 3000

BUZZ-Shopify down after pricing public offering

Tue 17th September, 2019 11:35am
** U.S.-listed shares of the e-commerce software maker
 SHOP.N  down 4.4% at $322.99 in premarket trade; stock among
top percentage losers on NYSE
    ** Shopify prices 1.9 million class A subordinate voting
shares at $317.50/shr  urn:newsml:reuters.com:*:nBw29JD4za
    ** Offering was earlier marketed at $317.50/shr-$320.50/shr
 urn:newsml:reuters.com:*:nL3N2673RT
    ** Co intends to use sale proceeds of $603.25 mln mainly
towards funding growth
    ** Up to Monday's close, stock up 144% this year

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com))
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