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A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”

The holiday season is fast approaching, and Shopify seems to have received its Christmas gift a bit early this year: Its stock skyrocketed to its highest level since 2022 after reporting quarterly earnings.

Shopify stock is surging Tuesday after the e-commerce company beat Q3 expectations and gave a rosy outlook for the holiday shopping season. Here's what you need to know.