Previous close | 7.70 |
Open | 7.70 |
Bid | 7.90 |
Ask | 8.10 |
Strike | 50.00 |
Expiry date | 2023-01-20 |
Day's range | 7.70 - 7.70 |
Contract range | N/A |
Volume | |
Open interest | 3.75k |
If you think Etsy's (NASDAQ: ETSY) business model as an e-commerce platform offering craft luxuries will struggle during a bear market, think again. Etsy has some unique advantages that other digital sales platforms like Amazon, Shopify, and eBay lack. Etsy was successful during the peak of the pandemic, when it became a go-to source for masks, while e-commerce giants like Amazon struggled to keep up with demand.
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When a company has a long track record of paying out dividends to shareholders regularly, that tells you a lot about what kind of business you're looking at. Such companies are usually able to produce consistent profits from their operations no matter what is going on with the economy. Dividends are particularly valuable for investors during bear markets.