Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Etsy Stock Was Falling Today

TheMotleyFool

0 0

Why Etsy Stock Was Falling Today: https://g.foolcdn.com/editorial/images/742626/etsy-office.jpg

Shares of Etsy (NASDAQ: ETSY) were trading lower today as the company turned in another quarter of flat growth and offered disappointing guidance for the third quarter.

As of 12:38 p.m. ET, the stock was down 11.3% on the news.

Etsy said gross merchandise sales (GMS), or the total dollar value of goods sold on its platform, fell 0.6% to $3.01 billion, showing the company is still struggling to return to growth after the pandemic boom faded.

Source Fool.com