In this articleEtsy Sellers Market in Times Square celebrating Etsy's celebration going IPO at Nasdaq on April 16, 2015 in New York City.Activist investor Elliott Management has a "sizable" investment in e-commerce firm Etsy, which announced on Thursday that Elliott partner Marc Steinberg would join the company's board.The activist investor has built a roughly 13% position in the stock, a person familiar with the matter told CNBC.Etsy shares shot up more than 10% on the news. Elliott and Etsy have been meet ...

Etsy Inc (NASDAQ: ETSY) just named Marc Steinberg – partner at Elliott Investment Management – to its board. Shares of the eCommerce giant are up 11% at writing.Who is Marc Steinberg?Copy link to sectionSteinberg is responsible for equity investments across several industries, including tech, media, and telecom at the investment management firm. He serves as a director at Pinterest as well.  Josh Silverman – the chief executive of Etsy said in a press release today:We’ve gotten to know Marc and appreciate h ...

The most recent trading session ended with Etsy (ETSY) standing at $70.82, reflecting a +1.86% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.76%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 1.12%.The online crafts marketplace's shares have seen a decrease of 14.21% over the last month, not keeping up with the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 2.5%.The upcoming ea ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Etsy (ETSY) , which belongs to the Zacks Internet - Services industry.When looking at the last two reports, this online crafts marketplace has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 66.53%, on average, in the last two quarters.For the last reported quarter, Etsy came out with earnings of $0.64 per share ...

Etsy (ETSY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this online crafts marketplace have returned -15.1%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Internet - Services industry, which Etsy falls in, has gained 6.9%. The key question now is: What could be the stock's future direction?Although media reports ...

The S&P 500 advanced 24% in 2023, its third-best annual performance of the past decade. Those gains were largely confined to the technology, communications services, and consumer discretionary sectors. The Magnificent Seven stocks factored heavily into that outcome, as did excitement about artificial intelligence.Meanwhile, the other eight market sectors underperformed the S&P 500. The utilities, energy, and consumer staples sectors actually declined as investors rotated away from defensive industries, and ...

In collaboration with Donner, Jack White of Third Man Hardware, developed the three sounds of The Triple Threat.ANAHEIM, Calif., Jan. 25, 2024 /PRNewswire/ -- Third Man Hardware has partnered with Donner to create the Triple Threat, a 3-in-1 analog multi-effects pedal.The Triple Threat is an analog multi-effects pedal designed by Third Man Hardware and manufactured by Donner. White Stripes lead man and the founder of Third Man Hardware Jack White took interest in Donner's Alpha series pedals released in 201 ...

Etsy (ETSY -2.71%) has taken investors on a wild ride over the past few years. The online marketplace specialist's shares soared through most of the pandemic but fell hard during the subsequent pullback in e-commerce and consumer discretionary spending. If you bought Etsy stock a year ago, you'd be looking at losses of nearly 50% right now.Yet its industry should eventually rebound. And in the meantime, Etsy is making aggressive moves aimed at reducing costs and accelerating growth. Let's see how these fact ...

Etsy has launched a hub that uses artificial intelligence (AI) and human curation to help shoppers find gifts for any occasion.The new Gift Mode is interactive and helps shoppers discover gifts that align with the recipient’s specific interests, Etsy CEO Josh Silverman wrote in a Wednesday (Jan. 24) announcement.“Gift Mode helps to solve two of the most vexing problems for givers,” Silverman said. “One, finding the perfect gift, something that feels creative and personal even if the gifter doesn’t doesn’t k ...

Let's talk Etsy (ETSY -0.85%), the 2024 edition.Last year, the e-commerce site's stock price took a 30% nosedive. CEO Josh Silverman noted at the end of 2023 that the company faced a "challenging environment for spending" on the types of goods the company helps sell through its online marketplace. Gross merchandise sales (GMS) grew by only 1.2%, and external pressures including inflation weighed heavily on consumer-to-consumer sales. It may sound like trouble in paradise, but there's more to this story than ...