Etsy Stock News

ETSY and SQ stocks rose in pre-market trading following the release of their respective quarterly reports. Meanwhile, earnings news drove losses in shares of ZS and INTU.

After Thursday''s invasion of Ukraine, markets first sunk and then rose to close with all three major indexes posting gains for the day. Friday''s premarket was indicating a lower start again.

New York-based Etsy sells handmade products through an online marketplace

New York-based Etsy sells handmade products through an online marketplace

Dow Jones futures traded lower Friday, as Russian forces closed in on Kyiv. Etsy and Square were key earnings movers ahead of Friday''s open.

Futures Recover Overnight Losses After Torrid Thursday Rally As Uneasy Calm Returns After yesterday''s furious gamma-squeeze rally, U.S. stock futures were slightly lower on the day, although near the overnight session highs as the ongoing Ukraine conflict and impact of Western sanctions continue to drive risk; sentiment was boosted after the Kremlin said that Ukraine’s neutrality offer is a move “toward positive” and following reports that China''s president Xi held a phone call with Putin who said Russia is willing to conduct high-level negotiations with Ukraine. S&P futures were down 10 points to 0.25% at 7:30am, after paring earlier declines of more than 1%, with Nasdaq futures down -0.15% and Dow futures down 0.4%. Europe''s Stoxx Europe 600 was in the green, and oil was steady after Bloomberg reported that oil importers in China are briefly pausing new seaborne purchases as they assess the potential implications of handling the shipments following the Ukraine invasion. Gold was steady, while Brent crude reached $100 a barrel and Treasuries rose.

Business has boomed for crafts-focused online marketplace Etsy in the past two years, for all the obvious reasons. But growing in the same way going forward will be more challenging and expensive.

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This article was originally published on TipRanks.com E-commerce company Etsy, Inc. The post Etsy Rises 20.6% as Q4 Results Surpass Expectations appeared first on Smarter Analyst .

Esty, the popular shopping portal for handicrafts and vintage items, has just announced increasing their fee in every seller transaction by 30%. This amounts to 6.5%, up from the current 5% of the whole transaction value. The changes begin from mid-April, and Etsy said the proceedings would be used for advertising products. This comes after […] The post Etsy is Increasing Its Fee by 30% From Sellers Transaction appeared first on TechDator .

Etsy (NASDAQ: ETSY ) shares … Full story available on Benzinga.com

Gainers: Etsy ETSY +20%. Playtika Holding PLTK +19%

Photo: Chris Welch / The Verge Following a record-breaking 2021 fourth quarter, Etsy is raising seller transaction fees from 5 percent to 6.5 percent, the company announced today. In a report to investors today, the company says the 30 percent increase will take effect beginning on April 11th. The transaction fee is the percentage of the total order amount Etsy charges when a seller makes a sale. The added expense to sellers comes as Etsy announced a fourth-quarter revenue of $717.1 million, which the company attributes to a strong holiday shopping season. Etsy added 10 million new buyers in the fourth quarter of 2021, bringing the number of active buyers to a record 90 million. Stock prices jumped more than 15 percent after market close on Thursday following the report to investors. “We have demonstrated our ability to make improvements that directly translate into more sales for our sellers, as evidenced by record sales per seller in 2021,” Etsy CEO Josh Silverman says in the report.

Annie Palmer / CNBC : Etsy beats with Q4 revenue of $717M, up 16.2% YoY, vs. $685M est., and 2021 revenue of $2.3B, up 35% YoY, with 96.3M active buyers, up 17.6% YoY; stock up 15%+ — - Shares of Etsy soared as much as 16% in extended trading on Thursday. — The company reported fourth quarter results that beat on both the top and bottom line.