05/21/2015, The Financial Post - Shopify Inc. jumped in its trading debut, after the company raised a larger than expected US$131 million in its initial public offering.
Shopify rose 51 percent to $25.68 in New York Trading, after the shares were sold for $17 each. The stock is also listed in Toronto.
The stock rose to a high of $35.03 on the Toronto Stock Exchange. It opened at US$28 on the NYSE and touched a high of US$28.70.
Shares of the company closed at $31.25 on the TSX.