Shopify stock price drops 7% as tariff fears hit markets — here’s what traders watch next

New York, January 20, 2026, 19:51 EST — Trading after hours.

  • Shopify shares dropped steeply during the regular session before leveling off in after-hours trading.
  • A broad risk-off shift hit markets after the U.S. renewed tariff threats aimed at Europe over Greenland.
  • Traders are focused on Thursday’s EU meeting in Brussels and the upcoming U.S. economic data releases.

Shares of Shopify Inc (SHOP) slipped 7.26% to close at $144.50 on Tuesday, then edged up roughly 0.3% in after-hours to $144.99. The stock fluctuated between $143.87 and $151.72 during the session, well off its 52-week peak of $182.19. (Investing)

The slide followed a broader selloff in U.S. stocks after President Donald Trump warned of…

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