The company's more than 26.9 million subordinate voting shares were trading for nearly US$44 by mid-afternoon, well above the US$26 at which they were priced and the early valuation of between US$20 to US$22.
Ottawa-based e-commerce company Shopify Inc., which raised $131 million through its 2015 IPO, has seen its stock surge to be valued at well over $1,200. As of Aug. 31, there were 211 technology companies listed on both TSX and TSX Venture Exchange with a combined market capitalization of $289 billion.
Rich entitled white men shouldn’t make the news. BLM
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