TechYahoo Financeabout 2 hours ago
Shopify (SHOP) Fell With Software Sell Off
1 min read
Shopify (SHOP) closed at $110.78 on June 8, 2026, after a broad software sell off. Sands Capital Management noted its Select Growth Strategy returned -12.9% in Q1 2026, underperforming the Russell 1000 Growth Index's -9.8%, partly due to AI disruption concerns and a market rotation away from asset-light businesses like Shopify.
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