Why Etsy Plunged 66.6% in the First Half of 2022
Shares of Etsy (NASDAQ: ETSY) plunged by 66.6% in the first half of 2022, according to data from S&P Global Market Intelligence.
The e-commerce platform's shares rode the surge in e-commerce during the pandemic to post a nearly fivefold increase from the beginning of 2020 till the end of last year. However, after losing close to two-thirds of their value, shares are now trading just 63% above the level they were before the pandemic broke out.
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Source Fool.com