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Why Etsy Stock Climbed 12% in January

TheMotleyFool

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Shares of Etsy (NASDAQ: ETSY) gained 11.9% in value last month, according to data provided by S&P Global Market Intelligence. In January, Adobe Analytics released holiday sales data, showing that e-commerce generated two years' worth of growth.

The holiday shopping season drove online sales up 32% over 2019, which is obviously good news for Etsy, which benefited tremendously from the accelerated shift to online shopping during the pandemic.

Image source: Getty Images.

Source Fool.com

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