Etsy, Inc. (ETSY) in Brooklyn, N.Y., operates two-sided online marketplaces that connect buyers and sellers. It recently launched Etsy Purchase Protection, which should help buyers feel more confident when they shop from small businesses on its portal. The company also raised the transaction fee for sellers on the platform by 30%.
However, the stock has declined 19.5% in price over the past month and 65% over the past six months to close Friday’s trading session at $80.98
