Website Building » Shopify » How Many Times Has Shopify Stock Split?

How Many Times Has Shopify Stock Split?

Last updated on October 1, 2022 @ 7:02 pm

Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.

Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for business owners and entrepreneurs.”

As of September 2020, Shopify had more than 1.9 million merchants using its platform who sold a total of $140 billion worth of goods through its platform in 2019. These merchants come from 175 different countries and sell in approximately 150 different languages.

Shopify has been growing rapidly since it was founded in 2004. In fact, it has been one of the fastest growing companies in North America over the last decade.

PRO TIP: Shopify has not announced any plans to split its stock in the near future. However, if the company does decide to split its stock, investors should be aware that the stock price may be volatile and could drop significantly.

One key reason for Shopify’s success is that it has been able to execute on its vision of being a platform for all types of businesses, not just small businesses or niche businesses. This has allowed Shopify to attract a wide range of merchants, from large enterprises to small mom-and-pop shops.

Another key reason for Shopify’s success is its focus on providing a great experience for both merchants and customers. This has helped Shopify build a strong brand and reputation.

Shopify has been able to grow so quickly because it has been able to tap into some major trends in the e-commerce world. These trends include the growth of mobile commerce, the rise of social media commerce, and the shift from offline to online shopping.

How Many Times Has Shopify Stock Split?

Shopify stock split three times since going public in 2015.

The first stock split was in April 2016 when the company did a 2-for-1 split.

The second stock split was in September 2017 when Shopify did another 2-for-1 split.

Most recently, Shopify did a 3-for-1 stock split in August 2020.

After each stock split, the price of Shopify’s stock tends to increase as more people buy it.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.