Why is SHOP stock down today?

Shopify Inc. (SHOP) is actually up 2.69% today, not down. The strongest down-direction factors right now are: Spillover, Sector momentum — the engine sees these but the market's pricing the opposite story today.

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SHOP is up today, not down — what the down-side factors look like

Shopify Inc. · Technology

Today\'s move

+2.69%$153.83

Note: SHOP is actually up today, not down. The factors that would explain a down move are below — they\'re present in the engine but the market\'s pricing the opposite story right now.

Strongest down-side factors right now

Each Framler factor is independently scored 0-100. Items below are the ones furthest from neutral (50) in the down direction. Engine verdict: mixed. Composite Framler score: 37/100. Regime: risk-on.

1Spillover32WEAK

2Sector momentum33WEAK

Pattern firing

Last man standing — sector breakdown

See full SHOP multi-factor analysis →

About this breakdown

The "why" page is a snapshot of the Framler engine\'s 13-factor scoring for SHOP on today\'s pass. Direction-aligned factors are those whose individual score is at least 5 points away from neutral (50) in the requested direction. The engine refreshes daily at 06:00 UTC; this page revalidates every 10 minutes so the read tracks the fresh score.

SHOP forecast → · SHOP next earnings → · How the score is built →