Here's How Etsy Could Craft a Much Better 2024 for Investors

(NASDAQ: ETSY) knows it has a problem. In mid-December, the marketplace specialist's management team announced a restructuring plan aimed at getting the business back on track following several years of weak sales volumes and rising expenses.

These trends forced executives to make a few aggressive strategic shifts heading into 2024. "We need to acknowledge and adjust for today's realities," CEO Josh Silverman said in letter to employees last month.

Investors will want to be cautious in projecting a quick rebound for Etsy's stock. But there are some good reasons to think the next year will be better for shareholders.

Source Fool.com