Reinhardt Krause / Investor’s Business Daily:
Shopify shares dip 3.5% after it announces secondary stock offering of 5.5M shares at $91, raising $500.5M — E-commerce platform provider Shopify (SHOP) could be a buyer as opposed to takeover bait for the likes Adobe Systems (ADBE), Amazon.com (AMZN) or eBay (EBAY) following its surprise $490 million stock offering.