Previous Close | 9.4700 |
Open | 0.0500 |
Bid | 0.2100 |
Ask | 0.2600 |
Strike | 63.00 |
Expire Date | 2024-05-03 |
Day's Range | 0.0500 - 0.6500 |
Contract Range | N/A |
Volume | |
Open Interest | 32 |
Shares of Etsy (ETSY) and eBay (EBAY) are both sliding Thursday morning after both companies posted their first-quarter earnings results, revealing signs of weakening spending in the consumer discretionary category. At Etsy, merchandise sales were down 3.7% year-over-year with habitual buyers down 2.9% year-over-year. Yahoo Finance's Madison Mills joins Wealth! to break down the consumer pressures afflicting these e-commerce platforms. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Etsy stock is down more than 15% Thursday as investors reacted to a Q1 earnings report that showed a decline in gross sales.
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.