3 Things to Know About Etsy Before You Buy the Stock
Investors looking to gain exposure to the e-commerce industry most likely have Amazon at the top of their lists. The massive tech juggernaut, worth more than $1.7 trillion, dominates online shopping.
However, (NASDAQ: ETSY), a much tinier enterprise by comparison, might also have your attention. It has successfully carved out a niche in the large e-commerce space. If you're thinking of buying shares, know these three things first.
When consumers were spending more money and time than ever before online, Etsy was firing on all cylinders during the COVID-19 pandemic. But things have slowed down notably since then, and now the company has hit a bit of a rough patch.
Source Fool.com