Etsy gets mixed analyst calls after plunging on earnings. Why two traders would steer clear

FAN Editor

Etsy’s stock has a difficult road ahead, according to two traders. Shares of the e-commerce company are down 11% since Wednesday afternoon’s earnings report, in which Etsy issued weaker-than-anticipated guidance that suggested online retail activity was slowing. Dueling analyst calls accentuated the uncertainty around Etsy’s future. Morgan Stanley upgraded Etsy […]