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Shopify's 25% gain sends Canada's benchmark stock index to all-time highs

  • Shopify shares surged by over 21% on Tuesday, boosting Canada's benchmark stock index significantly.
  • The S&P/TSX Composite Index reached a record high of nearly 25,025, marking the first crossing of the 25,000 threshold.
  • Shopify reported a 26% revenue increase during its third quarter, contributing to the index gaining over 19% in 2024.
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