Here's Why Etsy Stock Was Up 25% in May
Shares of e-commerce company Etsy (NASDAQ: ETSY) were 24.8% higher in May, according to data provided by S&P Global Market Intelligence. Etsy's results validate the thesis, and its stock is far outpacing the return of the market averages in 2020 as a result. The Centers for Disease Control recommended the use of face masks to slow the spread of the coronavirus, and demand absolutely soared.