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Etsy Got Punished For Being Cautious But It Needs To Work Harder To Preserve Its Human Touch Superpower

Last week, Etsy Inc (NASDAQ: ETSY) shares plunged more than 13% after the small but worthy Amazon.com Inc (NASDAQ: AMZN) e-commerce rival issued a weak guidance that overshadowed its better-than-expected second quarter results. Etsy’s Second Quarter Results Revenue rose by 7.5% YoY as sales amounted to $628.9 million, topping Refinitiv’s consensus estimate of $619 million but its gross merchandise volume contracted a bit less than 1% to roughly $3 billion, exceeding Refinitiv&#x201...
Rachel Glaser Shopify Inc Etsy Inc Superpower That Not Even Amazon Shopify Magic Benzinga Pro
Source: yahoo.com

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