Etsy

Etsy: Online shopping

- Etsy $ETSY offers an online marketplace for handmade and vintage items from artisans around the world, making it well-known among online buyers.

- In earlier phases of the pandemic, $ETSY saw a surge in sales as people preferred to shop online from the comfort of their homes. However, the recent period has brought some challenges, especially in the face...
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ETSY SHARES DROP

-Shares of Etsy, Inc. $ETSY fell 7.7% after the company released its fourth quarter financial results.

- Q4 revenue was 842.3 million, up 4.3% from the prior year, but earnings fell well short of expectations.

- Earnings per share declined to 62 cents, compared to analysts' expectations of 77 cents per share.

- Gross merchandise sales (GMS) showed a decline in...
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