All Things Newz
Business

Most actively traded companies on the Toronto Stock Exchange

[ad_1]

Article content

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:

Toronto Stock Exchange (20,599.60, down 29.95):

Article content

Royal Bank of Canada (TSX:RY). Financials. Down $1.63, or 1.21 per cent, to $133.49 on 14.7 million shares.

Enbridge Inc. (TSX:ENB). Energy. Up $1.37, or 2.47 per cent, to $54.18 on 10.9 million shares.

Manulife Financial Corp. (TSX:MFC). Financials. Up 29 cents, or 1.13 per cent, to $26.03 on nine million shares.

Shaw Communications Inc. (TSX:SJR.B). Telecom. Up 32 cents, or 0.81 per cent, to $39.82 on 8.9 million shares.

Advertisement 2

Article content

Shopify Inc. (TSX:SHOP). Technology. Up $6.25, or 10.95 per cent, to $63.34 on 8.5 million shares.

Suncor Energy Inc. (TSX:SU). Energy. Down 43 cents, or 0.96 per cent, to $44.35 on 8.2 million shares.

Companies in the news:

Shopify Inc. — Shopify Inc. is raising prices for three of its service plans after they remained “largely unchanged” for 12 years. The Ottawa-based e-commerce technology company said its basic plan will now cost $51 per month, up from $38, while its mid-range Shopify plan will move from $99 per month to $132 and its advanced plan will increase from $389 each month to $517. Existing merchants that switch their plan from monthly to yearly terms will keep the current, lower monthly prices before the new rates take effect on April 23.

Advertisement 3

Article content

Ritchie Bros. Auctioneers Inc. (TSX:RBA). Down 70 cents, or 0.89 per cent, to $77.87. Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.’s deal to buy IAA Inc. despite changes to the agreement. Luxor, which holds a 3.6 per cent stake in the auctioneer, said the revised deal does little for Ritchie Bros. shareholders. It is also critical of a US$500-million financing deal with Starboard Value LP that was announced alongside the changes. Ritchie Bros. amended its proposal to buy IAA earlier this week to increase the proportion of cash offered and trim the overall value of the bid.

This report by The Canadian Press was first published Jan. 25, 2023.

Comments

Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

[ad_2]

Source link

Related posts

European shares rise as healthcare, leisure stocks gain

Russia invites U.N., Red Cross experts to probe Ukraine jail deaths

Biden’s COVID symptoms have improved considerably, mainly has sore throat -doctor