Etsy’s stock rockets to record close, completing a 3-year reversal [MarketWatch]
Etsy, Inc. (ETSY)
Last etsy, inc. earnings: 2/26 04:05 pm
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Source: MarketWatch
Etsy’s stock rockets to record close, completing a 3-year reversal It took more than three years, but Etsy Inc. shares have finally surpassed levels reached during their public debut, after the company raised its revenue outlook and its fee structure. The stock ETSY, +26.25% soared 26% Thursday to a record close of $41.65, the second-biggest one-day percentage gain since the online craft marketplace went public on April 16, 2015. The biggest-ever rally was 30.6% on July 17, 2015. Etsy shares traded at an all-time intraday high of $44.78 earlier in Thursday’s session. That was well above the previous all-time high of $35.74, which was seen on the stock’s first day of trade. Volume swelled to 26.6 million shares, compared with the full-day average of about 2.1 million shares. Thursday’s rally completes a massive, multiyear U-turn. After closing the first day at $30.00, which was 88% above its IPO price of $16.00, the stock plunged to a record closing low of $6.36 on Feb. 9, 2016, whi
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News
- 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 (ETSY) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Etsy to Announce First Quarter 2024 Financial Results on May 1, 2024PR Newswire
ETSY
Earnings
- 2/21/24 - Miss
ETSY
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- ETSY's page on the SEC website