Workflow
Etsy stock price could crash by 25% as its growth decelerates
ETSYEtsy(ETSY) Invezz·2024-02-22 13:20

Etsy (NASDAQ: ETSY) stock price nosedived in the pre-market session after the e-commerce company published weak financial results. It plunged by more than 9% and reached a low of $70, which was lower than the December high of $90.Etsy growth is waningCopy link to sectionEtsy has been a company in trouble in the past two years as its stock crashed by over 77% from its all-time high. This plunge happened as the spectacular growth it had during the COVID-19 pandemic waned.  Further, the company has little room ...