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Etsy stock skyrockets as company hikes expectations

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E-commerce website Etsy's shares rose to a record high Thursday after the company adjusted its full-year revenue expectations.

The company now forecasts growth of 32 to 34 percent in 2018, up from a previous projection of 22 to 24 percent.

Etsy shares climbed more than 33 percent on the news.

Read more from Fox Business.

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