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Stock impact report

Etsy Is Getting a New CEO. Could This Be the Beginning of a Turnaround? [Yahoo! Finance]

Etsy, Inc. (ETSY) 
Last etsy, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.etsy.com
Company Research Source: Yahoo! Finance
CEO Josh Silverman is stepping down, and will be replaced by Kruti Patel Goyal. Goyal was previously the CEO of Depop and is currently Etsy's Chief Growth Officer. 10 stocks we like better than Etsy › Etsy (NYSE: ETSY) has been one of the most disappointing stocks of the post-pandemic era. The online marketplace for handmade and vintage goods has struggled to return to growth after a surge of interest during the stay-at-home period. As a result, the stock is down 77% from its pandemic-era peak. It plunged in 2022 and has stayed down since then. The stock tumbled again on Wednesday, even as Etsy beat third-quarter estimates. Investors seemed to be spooked by the announcement that CEO Josh Silverman would be leaving the company after eight years. Silverman had led the company for much of its publicly traded era. He helped turn around the business when he arrived in 2017, laying off staff, curtailing cushy perks, and committing to narrowing the focus of the business and serv Show less Read more
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