Why Shopify Stock Was Soaring Today

Shopify impressed in its latest quarterly earnings report.Shares of Shopify (SHOP 22.32%) surged today after the e-commerce software leader posted strong results in its second-quarter earnings report. The company beat estimates on the top and bottom lines and called for accelerating revenue growth in the third quarter.As a result, the stock was up 22.9% as of 11:41 a.m. ET. Shopify gets a perfect scoreShopify has been highly volatile since the end of the pandemic, and the stock has a history of swinging on ...