Shopify Inc. is making moves that could allow it to enter major stock indexes, which would direct a flood of investor money into shares of the Canadian e-commerce platform. The Ottawa-founded company is set to transfer its US-listed shares from the New York Stock Exchange to start trading on the Nasdaq Global Select Market from March 31. The move could pave the way for a spot in the tech-heavy Nasdaq 100 Index, which is designed to track the performance of the hundred largest Nasdaq-listed non-financial firms.
