Here's Why Etsy Stock Popped This Morning
Etsy(ETSY) The Motley Fool·2024-02-01 15:54Shares of handmade goods e-commerce platform Etsy (ETSY 9.26%) popped on Thursday after the company announced that Marc Steinberg is joining the board of directors on Feb. 5. Steinberg is a partner with activist investor fund Elliott Investment Management and serves on multiple boards of directors, including the board for publicly traded company Pinterest. As of 10 a.m. ET, Etsy stock was up about 10%.Elliott's involvement with EtsyActivist investors often force their way onto a company's board by buying a ...