Why Etsy Stock Is Down After Reporting Robust Growth
Etsy (NASDAQ: ETSY) delivered another huge earnings report that showed revenue more than doubling year over year. Despite results coming in above management's expectations, the stock has fallen more than 10% following the earnings news.
While Etsy showed why it's an emerging juggernaut in e-commerce, investors may be starting to think about how much growth is already baked into the stock's valuation.
Image source: Etsy.
Source Fool.com
