Why BigCommerce Stock Popped Today
Shares of BigCommerce (NASDAQ: BIGC) jumped today after the company announced a new deal with Walmart that will allow eligible BigCommerce merchants to sell products directly on Walmart Marketplace. BigCommerce said that the deal will allow its merchants to quickly start selling their goods on Walmart.com through an expedited application review. "Partnering with an industry leader like Walmart not only gives our merchants access to one of the world's largest marketplaces, it also opens additional opportunities for them to strategically expand their e-commerce footprint," BigCommerce's chief commercial officer, Russell Klein, said in a press release.
