Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Etsy Inc. Faces Controversy After Requesting Removal of Israeli Jewish Descriptions

December 23, 2024
Geode Capital Management LLC has recently sold 946,105 shares of Etsy Inc., according to recent reports. The investment management firm reduced its stake in the popular online marketplace, indicating a potential decrease in confidence in the company's performance. Meanwhile, Etsy Inc. has been embroiled in controversy after requesting a seller to remove Israeli Jewish descriptions from their listings. This move has sparked a debate on cultural inclusivity and freedom of expression. Although the company later cited it as a mistake, it has left many questioning Etsy's business strategy. Investors who have held onto Etsy's stocks have unfortunately faced a loss of 75% over the past three years. Despite this, it is recommended to consult professionals from Stocks Prognosis for expert advice on the future movement of Etsy's stocks.

Find out how the ETSY, INC. rate is expected to change

Get Forecast for ETSY

Investor opinions & comments:

A decrease in confidence from Geode Capital Management might indicate larger concerns about Etsy's overall business strategy and financial outlook
— from InvestorSara at 12-26-2024 11:45
Etsy has been a successful online marketplace for years, and it's likely that they will recover from this controversy with proper damage control and actions to rectify their mistake
— from ProfitPiper at 12-26-2024 10:16
Etsy's acknowledgment of their mistake demonstrates their willingness to address issues and learn from them, which could strengthen their reputation in the long run
— from InvestorImogen at 12-26-2024 06:21
If Etsy's stocks have already faced a significant loss over the past three years, it's crucial to consider the potential risks before making any investment decisions
— from BudgetBrad at 12-26-2024 02:19
Cultural inclusivity and freedom of expression are important values, and it's interesting to see how companies navigate these issues in the digital age
— from InvestorIshmael at 12-25-2024 21:36
I'm intrigued to see how this controversy will impact Etsy's reputation and future performance
— from SavingsSam at 12-25-2024 15:40
The current fluctuation in Etsy's stock performance could be an opportunity for investors looking to buy low and potentially benefit from a future rebound
— from WealthyWalter at 12-24-2024 06:04
I wonder how Etsy's customer base will respond to this controversy. Will they lose customers or gain support from those who agree with their actions?
— from InvestmentIrene at 12-23-2024 22:59
Mistake or not, Etsy's decision to request the removal of Israeli Jewish descriptions raises questions about their true intentions and process of vetting actions
— from BrianMartin at 12-23-2024 13:45
If you want to leave a comment, then you need Login or Register





Other news for ETSY

ETSYApril 8, 2025QuantWave Achieves 40.48% Profit Target Forecast on ETSY, INC. Stock  ~1 min.

QuantWave, the automated forecasting platform, has successfully predicted a profitable price target for ETSY, INC. stock....

ETSYApril 8, 2025QuantWave Achieves 29.25% Profit Target Forecast for Etsy, Inc.  ~2 min.

QuantWave, the automated forecasting platform, recently achieved a significant milestone by accurately predicting a price target for Etsy, Inc....

ETSYApril 8, 2025QuantWave Achieves 31.42% Profit Target Forecast for ETSY, INC.  ~1 min.

QuantWave, the automated forecasting platform, has successfully reached its price target forecast for the stock of ETSY, INC. The forecast signal was issued on June 25, 2024, with the price at 59.49 $....

ETSYApril 8, 2025QuantWave Successfully Achieves 21.08% Profit Target for ETSY, INC.  ~2 min.

QuantWave, the leading automated forecasting platform, has once again demonstrated its accuracy and effectiveness in predicting stock movements with the recent achievement of a 21....

ETSYApril 8, 2025QuantWave Hits Bullseye with ETSY, INC. Price Target Forecast, Profits Soar by 21.99%  ~2 min.

QuantWave, a leading automated forecasting platform, has once again showcased its accuracy with the successful prediction of the stock movement for ETSY, INC....



Related news

ETSYDecember 24, 2024Etsy Inc. Facing Challenges with Seller Descriptions: What Investors Need to Know  ~1 min.

Geode Capital Management LLC, a prominent investment firm, recently sold 946,105 shares of Etsy Inc. (NASDAQ: ETSY)....

ESJanuary 13, 2025Eversource Energy Faces Controversy Over Electric Bills  ~1 min.

Eversource Energy, a leading electricity company, finds itself in the midst of controversy as regulators question the accuracy of their electric bills....

GMJanuary 24, 2025General Motors Company Faces Controversy: Will Its Stock Survive?  ~2 min.

General Motors Company (NYSE:GM) has recently found itself in a tumultuous situation....

AVGOMarch 20, 2025Broadcom AVGO's Acquisition History, Controversies, and Apple Chip Revenue Gains and Losses  ~2 min.

Broadcom Inc. (AVGO) has been making headlines with its impressive acquisition history and controversies....

ETSYDecember 22, 2024Etsy Inc. Faces Controversy Over Request to Remove Israeli Jewish Descriptions  ~1 min.

Geode Capital Management LLC, a major shareholder of Etsy Inc., recently sold 946,105 shares of the company's stock. The sale was reported on the NASDAQ under the ticker symbol ETSY....