Down 70%, Is Etsy Stock a Buy Now?

After closing at an all-time high price of $297 in 2021, 's (NASDAQ: ETSY) stock price has gone nowhere but down in the following two years. It is currently trading at only $85.

While the bears have concerns about the e-commerce site's ability to navigate a weak economic environment, contrarian investors are sniffing around for potential bargains after the significant fall in Etsy's share price.

So is now the right time to buy Etsy's stock?

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Source Fool.com