The Traderszone Network

Published in TZ Latest News 7 April, 2017 by The TZ Newswire Staff

Why Etsy Inc. Stock Dropped 12% Last Month

Shares of craft-focused internet marketplace Etsy (NASDAQ: ETSY) stumbled last month, falling 12% according to data from S&P Global Market Intelligence after a disappointing fourth-quarter report. 

Etsy’s headquarters. Image source: Etsy.

As the chart below shows, most of the losses came in the beginning of the month following the earnings release.

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