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Shopify Inc
Symbol SHOP
Shares Issued 1,213,727,136
Close 2024-12-09 C$ 163.42
Market Cap C$ 198,347,288,565
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Globe says Celestica, rivals are info technology stars

2024-12-10 08:17 ET - In the News

See In the News (C-CLS) Celestica Inc

The Globe and Mail reports in its Tuesday, Dec. 10, edition that there are only a few days left in the year, so it is time to hand out investing awards for 2024. The Globe's regular guest columnist Gordon Pape writes that he has named information technology the sector of the year. Mr. Pape says all year long he has been hearing about how the Magnificent Seven have been driving the Nasdaq and S&P 500 to record levels. Mr. Pape says Canada's tech sector is too small to have the same level of influence on the TSX, but it is more than pulling its weight. The sector is ahead 39 per cent for the year, well ahead of the TSX Composite, which has gained 22.6 per cent. No other sector is even close. Leading performers are Celestica (up 246 per cent), Shopify (up 62 per cent), Descartes Systems Group (up 54 per cent) and Constellation Software (up 43 per cent).

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