ylliX - Online Advertising Network
Company Ticker News

Why Did Etsy Stock Drop In December And Can It Rebound?

Why Did Etsy Stock Drop In December And Can It Rebound?

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Etsy’s stock price dropped by -20% and -26% in December 2021 and January 2022 year-to-date, respectively, due to WFH beneficiaries losing favor, and concerns about potential earnings misses. ETSY’s current valuations are more reasonable with forward P/E multiples in the thirties, and better-than-expected 4Q 2021 results could be a re-rating catalyst.

...read full article on Seeking Alpha

ylliX - Online Advertising Network