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Shopify (SHOP) stock surged Thursday after Amazon.com (AMZN) selected the company to be its preferred platform for helping small and midsize retailers build and manage online stores. The move is part of a plan that Amazon announced in March to ultimately shut down its Amazon Webstore business, which provides a similar service. Shopify stock was up 21%, near 35, in midday trading on the stock market today. Based in Ottawa, Canada, Shopify raised Scalper1 News
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