Shopify Plans 10-for-1 Stock Split, Seeks to Protect CEO’s Voting Power

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Shopify Plans 10-for-1 Stock Split, Seeks to Protect CEO’s Voting Power
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Shopify’s shares have tumbled 55% this year. Now, the e-commerce company is proposing a 10-for-1 stock split and changes to protect its CEO’s voting power.

How will the pandemic affect America’s retailers? As states across the nation struggle to return to business, WSJ investigates the evolving retail landscape and how consumers might shop in a post-pandemic

world.Inc. is asking investors to approve changes to its complex share structure to protect the voting power of the Canadian technology company’s leader. The company also is proposing a 10-for-1 stock split.

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