Shares of Etsy (NASDAQ: ETSY) were climbing the charts today after the artisan-based online marketplace issued a business update about the coronavirus that investors interpreted positively. The company touted strong sales growth through the first quarter and said its balance sheet and business model were well-positioned for the current crisis.
As of 11:33 a.m. EDT, the stock was up 8.7%.
Image source: Etsy.
Source Fool.com