Previous Close | 12.46 |
Open | 12.81 |
Bid | 9.55 |
Ask | 12.55 |
Strike | 71.00 |
Expire Date | 2024-05-10 |
Day's Range | 11.13 - 12.81 |
Contract Range | N/A |
Volume | |
Open Interest | 45 |
Etsy's (ETSY) first-quarter 2024 results reflect the adverse impacts of macro headwinds on the marketplace business amid growing momentum across active buyers and sellers.
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.
Shares of online marketplace Etsy (NASDAQ:ETSY) fell 17.3% in the pre-market session after the company reported first quarter results. Its revenue growth regrettably slowed as its gross merchandise sales and active buyers fell short of analysts' estimates. That was slightly offset by the company's better-than-expected take rate, showing it charged higher commissions to offset its worse-than-expected demand. Etsy's management team noted that Q1 was a challenging environment for consumer discretio