1 Former S&P 500 Stock Down 76% That History Suggests Buying at a Once-in-a-Decade Valuation

The valuation may have finally hit rock bottom, positioning it for outperformance if a new partnership catalyzes growth.In September 2020, handcrafted marketplace Etsy (ETSY 2.17%) was included in the S&P 500 -- surprisingly before Tesla. While inclusion in the popular index didn't do anything for Etsy's business, many investors saw it as a moment of validation. It seemed that the e-commerce business had arrived.Unfortunately for investors, Etsy's tenure in the S&P 500 didn't last long. Four years after it ...