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The Latest Breaking News from Etsy Inc

Etsy Sellers Protest Against Fee Hike: WSJ

More than 15,000 of Etsy Inc's (NASDAQ:ETSY) digital marketplace sellers have signed a petition against the company's move to raise the commission it charges on each transaction to 6.5% from 5%, the Wall Street Journal reported. The fee hike, the first since 2018, is effective from April 11. The company said it expects to invest…

Here's Why Argus Remained Bullish On eBay

Here's Why Argus Remained Bullish On eBay

Argus analyst Joseph Bonner lowered the price target on eBay Inc (NASDAQ:EBAY) to $69 from $88 but kept a Buy. The price target implies an upside of 23.8%. eBay will need to show that it can successfully carve out product niches among sellers in the face of severe competition from Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and start-up category…

Amazon Confidentially Scooped Veeqo In November

Amazon Confidentially Scooped Veeqo In November

Amazon.com Inc (NASDAQ:AMZN) had confidentially acquired Veeqo in November. The financial terms of the transaction remain undisclosed. Octopus Ventures, an investor in Veeqo, confirmed the deal. Veeqo makes tools to help online businesses sell products on and off Amazon. Amazon, which likely accounts for ~40% of the nation’s e-commerce sales, has long been pursuing…

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Why Etsy Shares Are Trading Higher Today

Etsy Inc (NASDAQ: ETSY) is trading higher Friday after the company announced better-than-expected fourth-quarter financial results.

Why Etsy Shares Are Trading Higher Today

Etsy Inc (NASDAQ: ETSY) is trading higher Thursday following bullish analyst coverage from Keybanc. Keybanc analyst Edward Yruma upgraded Etsy from a Sector Weight rating to an Overweight rating and announced a $200 price target.

Etsy Shares Gain On KeyBanc Upgrade

KeyBanc analyst Edward Yruma upgraded Etsy Inc (NASDAQ:ETSY) to Overweight from Sector Weight with a $200 price target, suggesting an upside of 22.6%. The analyst believes Etsy has some of the most compelling long-term secular growth opportunities in his coverage and that management set guidance reasonably for Q4. His firm's Key First Look Data has…

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