Etsy (ETSY) Stock Drops Despite Market Gains: Important Facts to Note

Etsy (ETSY) closed at $64.98 in the latest trading session, marking a -0.88% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. On the other hand, the Dow registered a gain of 0.8%, and the technology-centric Nasdaq increased by 1.24%.The online crafts marketplace's shares have seen a decrease of 4.15% over the last month, not keeping up with the Computer and Technology sector's gain of 0.85% and the S&P 500's gain of 0.48%.Analysts and investors alik ...