Etsy Inc. ( NASDAQ: ETSY ) fell 6.5% following a negative report from Citron Research on the online merchandise platform.
Citron alleges that Etsy ( ETSY ) isn't doing enough to police possible counterfeit goods from being sold on its site.
The report on Etsy comes as short seller Citron Research has largely stayed away from publicly shorting stocks since the meme stock crazy started in early 2021. Citron's founder Andrew Left said in January 2021 said he would no longer publish short reports after doing so for the previous 20 years.
Etsy ( ETSY ) didn't immediately respond to Seeking Alpha email request for comment.
Etsy ( ETSY ) is scheduled to report Q4 results on Wednesday.
Citron has largely been doing bullish research and tweets in recent years, including a tweet on ContextLogic ( WISH ) on Monday, which sent its shares surging 37%.
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Etsy drops amid negative report from Citron Research