ETSY May 2024 81.000 put
| Previous Close | 14.31 |
| Open | N/A |
| Bid | 20.95 |
| Ask | 23.50 |
| Strike | 81.00 |
| Expire Date | 2024-05-10 |
| Day's Range | 14.31 - 14.31 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 88 |
- Yahoo Finance Video
EBay, Etsy's Q1 earnings are signaling weaknesses in consumer
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
StockStoryWhy Etsy (ETSY) Shares Are Plunging Today
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
Barrons.comThese Stocks Are Moving the Most Today: Carvana, Fastly, Peloton, Wayfair, Qualcomm, Moderna, Howmet, Apple, Qorvo, and More
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.
