Etsy Stock Slides as Analyst Sees Threat From Softer Economy

Etsy Stock Slides as Analyst Sees Threat From Softer Economy

Text size The discretionary nature of many Etsy purchases is a risk for the company, according to Needham analyst Anna Andreeva. Dreamtime Etsy shares are trading lower Monday after Needham analyst Anna Andreeva reduced her rating on the handicrafts marketplace to Hold from Buy, citing risks posed by a potential recession. If consumers retrench on … Read more

Stock Market Bargain Hunters May Want to Hold Off

Stock Market Bargain Hunters May Want to Hold Off

Text size Some strategists recommend investors wait before bargain hunting after market declines. Stocks could be in for further losses, they say. David L. Nemec / New York Stock Exchange A 20%-plus decline in the stock market often is a signal to bargain hunters to step in. But strategists caution that US stocks could be … Read more