Etsy Stumbled This Year. Could the Stock Win Big in 2024?
Etsy(ETSY) The Motley Fool·2023-12-22 05:00
While many consumer goods stocks rallied this year, one in particular sat on the sidelines. I'm talking about Etsy (ETSY 1.97%), an e-commerce company that offers artisans a platform where they can sell their creations. The stock is heading for a 27% loss in 2023 -- and that follows a decline of more than 45% last year.After watching Etsy's shares and earnings soar during the earlier stages of the pandemic, investors worried the company wouldn't keep up the momentum as consumers returned to in-person shoppi ...