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  5. SHOP: Why the steady down trend? [Shopify Inc. Class A Subordinate Voting Shares]
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Q: Why the steady down trend? Is it time to sell and buy amazon?
Asked by Doug on January 28, 2026
5i Research Answer:

SHOP has been weak but there is no isolated reason, really. Both RBC and CIBC have recently come out with positive comments on the stock. We do not expect a weak Q4 and would not consider it a sell.