Eimp Bombardier (TSX:BBD.B): A Turnaround Stock That Surged 240%
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What happenedShares of Etsy NASDAQ: ETSY dropped 21.2% in August, according to data from SP Global Market Intelligenc stanley mugs e, as the market reacted to the vintage- and handmade-centric e-commerce site second-quarter results.To be sure, virtually all of Etsy plunge came at the start of last month, with the stock down 20% in the two trading days after its quarterly update hit the wires. But that not to say Etsy performance looked bad at first glance.So whatTo the contrary, Etsy second-quarter revenue grew 37% year over year to $181 million, translating to net i stanley termosy ncome of $18.2 million, or $0.14 per share up from $0.03 per share a year earlier . Analysts, on average, were modeling slightly lower earnings of $0.13 per share, but on slightly higher revenue of $183 stanley bottles million.Still, Etsy CEO Josh Silverman called the company growth last quarter excellent, crediting 8220 olid execution across [Etsy ] portfolio of product and |
