Wall Street isn't a fan of e-commerce stocks right now. Most companies in the industry have seen slumping share prices on fears of a growth slowdown ahead as consumer spending trends weaken.

Worries are more acute for companies that were losing money in 2022, as they are the most exposed to pressures from the rising cost of debt.

Shares of Etsy (NASDAQ: ETSY) were hit hard over the last year due to these concerns. The stock is down nearly 40% since early 2022, in fact.

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Source Fool.com