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Why Etsy Stock Jumped 18% in August

TheMotleyFool

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Etsy (NASDAQ: ETSY) shares trounced a rising market last month. The niche e-commerce company's stock rose 18% in August as the S&P 500 gained 1.2%, according to data provided by S&P Global Market Intelligence.

The company's surge can be tied right to the encouraging earnings update that management issued early in the month.

Image source: Getty Images.

Source Fool.com

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