Q: what's causing SHOP to be so strong the past couple of days. I see no material news other than analysts reiterating their but=y ratings. Is it a run up before they report tomorrow? Might someone know something beforehand?
5i Research Answer:
This week ATB Capital raised its rating to Outperform from Sector Perform. MoffatNathanson also raised its rating to BUY. The stock of course had also been beaten up pretty badly. There is no other news. It is widely expected to report good earnings.