ETSY - 3 Must-Know Facts About Etsy Before You Buy the Stock
2024-05-09 05:51:00 ET
Investors have not been too pleased with Etsy (NASDAQ: ETSY) in recent years. After shares of the online marketplace for unique and handcrafted goods soared 380% in the five years leading up to their November 2021 peak, they have come crashing down, currently sitting 79% off that high.
The e-commerce business just reported first-quarter 2024 results that disappointed investors, sending the stock even lower. At a forward price-to-earnings ratio of 13.5, the shares might be too hard to ignore at this point.
Here are three things to know about Etsy stock.
For further details see:
3 Must-Know Facts About Etsy Before You Buy the Stock