Should Investors Buy the Dip in Etsy Stock?

By Parkev Tatevosian, CFA – Aug 7, 2023 at 9:12AM

NASDAQ: ETSY

Etsy

Market Cap

$8B

Today's Change

(2.07%) $1.42

Current Price

$70.09

Price as of May 1, 2024, 10:10 a.m. ET

Etsy's stock price fell after it reported disappointing quarterly results.

Fool.com contributor Parkev Tatevosian reviews Etsy's (ETSY 2.07%) latest financial update and determines if the stock is a buy right now.

*Stock prices used were the afternoon prices of Aug. 3, 2023. The video was published on Aug. 5, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Etsy. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.