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Etsy Inc. Faces Controversy Over Request to Remove Israeli Jewish Descriptions

December 22, 2024
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. However, this news comes at a time when Etsy is facing controversy over a request it made to an Israeli seller to remove Jewish Israeli descriptions from their products. The incident was later cited as a mistake by Etsy, but it has sparked outrage among many in the online community. Investors in Etsy have unfortunately experienced significant losses, with a decline of 75% over the last three years. While these recent events have raised concerns, it is recommended to seek professional advice from Stocks Prognosis before making any decisions regarding the future movement of Etsy's stocks.

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Investor opinions & comments:

It's important to remember that one mistake doesn't define a company. Let's hope Etsy can learn from this and move forward with a stronger commitment to equality
— from TraderTyler at 12-26-2024 05:38
I'm not sure if I can trust Etsy anymore after this incident. It raises questions about their values and how they handle diversity and inclusivity
— from EliWells at 12-26-2024 04:14
Mistake or not, Etsy should have never made such a request. It just shows a lack of understanding and respect for different cultures
— from WealthyWanda at 12-26-2024 02:58
This is a clear violation of freedom of speech. Etsy needs to be held accountable for their actions
— from RobertWhite at 12-25-2024 12:43
I hope Etsy learns from this incident and implements stronger policies to prevent any future discriminatory actions. We should all strive for inclusivity and acceptance
— from EthanRoberts at 12-25-2024 07:45
I trust that Etsy will learn from this incident and strengthen their policies to ensure that all sellers, regardless of their background, are treated fairly. We must support positive change and hold them accountable
— from EliWells at 12-25-2024 00:23
I understand that people are upset, but let's not forget that mistakes can happen in any organization. As long as Etsy takes responsibility and makes amends, we should be open to giving them a chance to improve
— from HenryMurphy at 12-24-2024 20:42
Etsy has been a great platform for small businesses and creators. Let's not forget the positive impact it has had on many people's lives. Mistakes happen, and it's how we learn and grow from them that matters
— from CharlesScott at 12-24-2024 13:22
Let's remember that Etsy is made up of various individuals and not just a single entity. I believe that many employees within the company are working towards making positive changes
— from CarterPatterson at 12-24-2024 11:33
I wonder if this controversy will have long-term effects on Etsy's business. Customers may lose trust in the platform and look for alternatives
— from MarketMolly at 12-24-2024 10:09
I can't believe Etsy made such a request. That's completely unacceptable and discriminatory!
— from AmandaWright at 12-24-2024 00:48
I hope the Israeli seller stands their ground and refuses to remove the descriptions. We need to support each other against these unjust actions
— from JamesThomas at 12-23-2024 15:17
Despite this controversy, I still believe in the potential of Etsy. They have a strong user base and a unique platform that many people love. Hopefully, they can recover from this setback
— from MarketMolly at 12-23-2024 14:13
I appreciate that Etsy acknowledged their mistake, but they should have been more careful in the first place. Their reputation has definitely been tarnished because of this
— from AaronCooper at 12-23-2024 06:12
I've always loved Etsy as a platform, but this incident is really disappointing. They need to do better and ensure that all sellers are treated equally and respectfully
— from ThomasHawkins at 12-23-2024 01:36
It's disappointing to hear about this controversy, but let's not discount all the good that Etsy has done for independent sellers. We should encourage them to do better while also acknowledging their past successes
— from SavannahGordon at 12-22-2024 22:02
I stand with the Israeli seller and hope that Etsy takes the necessary steps to rectify this situation. Inclusivity and respect should be at the core of their values
— from CharlesGrant at 12-22-2024 21:47
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