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Why Etsy Stock Fell Thursday

TheMotleyFool

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Shares of online marketplace Etsy (NASDAQ: ETSY) took a hit on Thursday, falling as much as 17.5%. As of 12:15 p.m. EDT, the stock was down about 15%.

The stock's gain follows Etsy's third-quarter update. While the results were solid, some investors may be disappointed with the company's in-line earnings per share and a narrowing gross profit margin.

Image source: Getty Images.

Source Fool.com

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