Etsy Inc. Faces Controversy Over Request to Remove Israeli Jewish Descriptions
Published on 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.
Investor opinions & comments
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TraderTyler
December 26, 2024 at 05:38
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
EliWells
December 26, 2024 at 04:14
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
WealthyWanda
December 26, 2024 at 02:58
Mistake or not, Etsy should have never made such a request. It just shows a lack of understanding and respect for different cultures
RobertWhite
December 25, 2024 at 12:43
This is a clear violation of freedom of speech. Etsy needs to be held accountable for their actions
EthanRoberts
December 25, 2024 at 07:45
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
EliWells
December 25, 2024 at 00:23
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
HenryMurphy
December 24, 2024 at 20:42
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
CharlesScott
December 24, 2024 at 13:22
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
CarterPatterson
December 24, 2024 at 11:33
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
MarketMolly
December 24, 2024 at 10:09
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
AmandaWright
December 24, 2024 at 00:48
I can't believe Etsy made such a request. That's completely unacceptable and discriminatory!
JamesThomas
December 23, 2024 at 15:17
I hope the Israeli seller stands their ground and refuses to remove the descriptions. We need to support each other against these unjust actions
MarketMolly
December 23, 2024 at 14:13
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
AaronCooper
December 23, 2024 at 06:12
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
ThomasHawkins
December 23, 2024 at 01:36
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
SavannahGordon
December 22, 2024 at 22:02
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
CharlesGrant
December 22, 2024 at 21:47
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