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Can Etsy Sustain Its Stock Price Momentum after Its 1Q18 Results?

Can Etsy Sustain Its Stock Price Momentum after Its 1Q18 Results?

On April 30, Etsy’s (ETSY) stock price gained 46.4% on a YTD (year-to-date) basis. Investors remain upbeat about Etsy stock as the company’s strategic initiatives are yielding the desired results. We expect the stock to sustain its momentum after the May 8 announcement of its 1Q18 earnings.