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Fly News Breaks for February 5, 2019
ETSY
Feb 5, 2019 | 10:56 EDT
KeyBanc analyst Edward Yruma said his firm's proprietary credit and debit card database indicates that indexed spending trends at Etsy accelerated 240 bps sequentially for the month of January. The analyst, who is sticking with his view that GMV grew by over 20% in Q4, keeps an Overweight rating on Etsy ahead of the company's earnings reports on Feb 25. In early trading, Etsy shares are up 9.5%, or $5.18, to $59.92.
News For ETSY From the Last 2 Days
