TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Cenovus Energy Inc. . Energy. Up 22 cents, or 0.78 per cent, to $28.50 on 16.9 million shares.Suncor Energy Inc. . Energy. Up 23 cents, or 0.43 per cent, to $53.67 on 9.3 million shares.
Manulife Financial Corp. . Finance. Up 33 cents, or 0.99 per cent, to $33.60 on 8.4 million shares.Shopify Inc. . Software. Down $19.59, or 18.53 per cent, to $86.16. Shopify Inc.'s shares slumped Wednesday as the company reported a loss in its latest quarter and forecast slower revenue growth for next quarter in its financial outlook. The e-commerce software company, which keeps its books in U.S.
Spin Master Corp. . Consumer Discretionary. Down 86 cents, or 2.84 per cent, to $29.40. Spin Master Corp. says it continues to face challenges from inflation, higher interest rates and a slowdown in consumer spending, including on toys, that it predicts will remain through at least the end of the year. The company reported a loss of US$54.8 million in the first quarter, compared with a loss of US$1.9 million a year earlier. Its revenues totalled US$316.2 million, up from US$271.
Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager saysKnown as the Oracle of Omaha, Warren Buffett is one of the most successful investors of all time. He started his first investment partnership in 1956 with a few friends and family. An investment in...The "Magnificent Seven" stocks are certainly impressive, but they're also pricey. Which is why this tech stock is a far better option.
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