Stock Track | Shopify Plummets 6.79% Intraday Amid AI Application Software Sector Selloff

Stock Track02-03 23:38

Shopify Inc. (SHOP) shares plummeted 6.79% during intraday trading on Tuesday, reflecting significant downward pressure on the stock.

The decline came as part of a broader selloff in AI application software shares, with multiple companies in the sector experiencing substantial losses during the trading session. The sector-wide weakness affected several major technology firms alongside Shopify.

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