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...
Read more

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...
Read more