Etsy Is Getting a New CEO. Could This Be the Beginning of a Turnaround?

Etsy (NYSE: ETSY) has been one of the most disappointing stocks of the post-pandemic era.The online marketplace for handmade and vintage goods has struggled to return to growth after a surge of interest during the stay-at-home period. As a result, the stock is down 77% from its pandemic-era peak. It plunged in 2022 and has stayed down since then. The stock tumbled again on Wednesday, even as Etsy beat third-quarter estimates. Investors seemed to be spooked by the announcement that CEO Josh Silverman would be leaving the company after eight years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool