The Traderszone Network

Published in TZ Latest News 11 May, 2015 by The TZ Newswire Staff

Stocks Drift Lower; Analysts Trash Etsy, Like GoDaddy

Stocks drifted most of the day Monday but finished lower as volume dried up, according to preliminary data. The Nasdaq fell 0.2%, while the S&P 500 and the Dow Jones industrial average posted loses of 0.5% in the stock market today. Among new issues, arts and crafts website Etsy (ETSY) was down and website maker GoDaddy (GDDY) was up. Etsy dropped 9%, gapping to a new low.

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