Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Etsy Stock Dove 25% in April

TheMotleyFool

0 0

Etsy (NASDAQ: ETSY) shareholders lost ground the market last month as shares dove 25% compared to a 9% decline in the S&P 500, according to data provided by S&P Global Market Intelligence. The drop contributed to significant losses so far in 2022 for owners of the online marketplace stock. Shares are down nearly 60% this year compared to a 14% drop in the wider market.

The slump was driven by fears about an impending growth hangover as consumers change their shopping behavior following a period of intense focus on e-commerce through earlier phases of the pandemic.

Image source: Getty Images.

Source Fool.com

Like: 0

ETSY

Share