Shopify Inc. (T.SH) hit a new 52-week high of $37.31 Wednesday. Shopify announced the closing of its initial public offering of 8,855,000 Class A subordinate voting shares at an initial offering price of U.S. $17 per share, which includes the exercise in full by the underwriters of their option to purchase up to 1,155,000 additional shares, for a total of U.S. $150,535,000 in aggregate gross proceeds.
Shopify expects to use the net proceeds from the offering to strengthen its balance sheet, providing it with flexibility to fund its growth strategies.
Element Financial Corporation (T.EFN) hit a new 52-week high of $19.26 Wednesday. No news announcements today
Celestica Inc. (T.CLS) hit a new 52-week high of $15.84 Wednesday. No news announcements today
Guyana Goldfields Inc. (T.GUY) hit a new 52-week high of $3.81 Wednesday. No news announcements today
Magna International Inc. (T.MG) hit a new 52-week high of $71.97 Wednesday. No news announcements today
Kinaxis Inc. (T.KXS) hit a new 52-week high of $31.69 Wednesday. No news announcements today
Innova Gaming Group Inc. (T.IGG) hit a new 52-week high of $4.03 Wednesday. No news announcements today
