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  5. SHOP: Thursday morning at 10am and SHOP is dropping like a rock. [Shopify Inc. Class A Subordinate Voting Shares]
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Q: Thursday morning at 10am and SHOP is dropping like a rock. Don't see any news. Is there anything happening that you see?
Asked on April 23, 2026
5i Research Answer:

Shop is down 4.5% today as we write this. We don't see any specific news but the entire software sector is weak today on some other company earnings reports that came in below expectations. The ETF IGV is down 4.8% today.

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