Dropbox and Etsy Both Popped, but Only 1 Had a Reason [The Motley Fool]
Etsy, Inc. (ETSY)
Last etsy, inc. earnings: 2/26 04:05 pm
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Source: The Motley Fool
Last week featured double-digit share price jumps for both online-centric companies. Were they justified? In this segment from Motley Fool Money , host Chris Hill and analysts Jason Moser, Jeff Fischer, and Aaron Bush consider a couple of major movers of the past week. Shares of cloud storage specialist Dropbox ( NASDAQ:DBX ) rose 20% Thursday on heavy trading volume. The catalyst? Let's put it down to animal spirits. Etsy ( NASDAQ:ETSY ) , meanwhile, gained 35% on the week, powered by improved guidance for the fiscal year. But will the business model change behind that updated outlook deliver, or might management's expectations be too high? A full transcript follows the video. This video was recorded on June 15, 2018. Chris Hill: Dropbox, the cloud storage company, went public back in March. On Thursday, shares of Dropbox rose 20% on very high trading volume. Jason, there was no news, of any kind. What is going on here? Jason Moser:
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ETSY
News
- Etsy, Inc. (NASDAQ: ETSY) had its price target lowered by analysts at Wedbush from $80.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Etsy (ETSY) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Handmade Jewelry Market to Reach $472.5 Billion Globally by 2032 at 11.9% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Etsy: Competition Concerns Already Priced In [Seeking Alpha]Seeking Alpha
- Etsy, Inc. (NASDAQ: ETSY) had its "underweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $55.00 price target on the stock, down previously from $65.00.MarketBeat
ETSY
Earnings
- 2/21/24 - Miss
ETSY
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- ETSY's page on the SEC website