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Should you be investing in e-commerce stocks in 2022? Is Etsy worth it?
After a meteoric rise in 2020 and solid performance in 2021, Etsy has collapsed in 2022. Not only is the stock down 70% from it's recent highs, but the online crafting store has seen sellers go on strike against newly increased seller fees. After a poor Q1 earnings report, Wall Street and the media are betting against CEO Josh Silverman. But should you? In this episode of Buy or Bye, Nicholas Vardy dives into the financials and future headwinds of the company to let you know if Etsy is a "buy" or "bye" in 2022.
Sellers Strike: https://www.npr.org/2022/04/11/109112...
52-week low: https://www.marketwatch.com/story/ets...
“Sea of Sameness”:https://www.pymnts.com/news/retail/20...
Weak Guidance: https://seekingalpha.com/news/3832573...
Morgan Stanley: https://www.defenseworld.net/2022/05/...
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#e-commerce #stockmarket #etsy
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