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What Was Shopify IPO Price?

Last updated on October 2, 2022 @ 1:21 am

Shopify, an e-commerce platform provider, went public on the New York Stock Exchange on Thursday, May 21, 2015. The stock closed at $28.74, up from its IPO price of $26.00.

This was the biggest first-day percentage gain for a tech IPO since LinkedIn’s stock rose 109% in its 2011 debut.

Shopify’s platform enables businesses to create online stores and sell their products via various channels such as social media, marketplaces, and physical retail locations. The company offers a subscription-based pricing model, with monthly fees ranging from $9 to $2,000 depending on the features and services businesses require.

PRO TIP: If you are considering investing in Shopify, be aware that its IPO price was $131.19, which is significantly higher than its current price.

Shopify has been growing rapidly since it was founded in 2004. In 2014, it generated $105 million in revenue, a 77% increase from the previous year. The company is now valued at $5 billion.

What Was Shopify IPO Price? The Shopify IPO price was $26.00 and the stock closed at $28.74 on its first day of trading. Shopify is now valued at $5 billion.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.