148.53 - 160.63
29.95 - 160.63
Echofin Members Consensus
US Market US markets closed higher yesterday, amid gains in technology sector stocks and following upbeat US economic data. Pinterest surged 26.9%, as the company’s third quarter revenue and earnings came in above market forecast. Comcast advanced 2.6%, after reporting upbeat results in the third quarter. On the contrary, eBay declined 7.5%, despite reporting higher revenue and earnings in the third quarter. Etsy eased 5.2%. The company reported better than anticipated revenue in the third quarter, boosted by strong sales of face masks and home decor. Spotify Technology dropped 3.4%, after reporting wider than expected loss in the third quarter. Marvell Technology Group fell 3.3%. The company announced that it finalised a deal acquire fellow chipmaker, Inphi, for a consideration of $10.0 billion in cash and stock. The S&P 500 gained 1.2%, to settle at 3,310.1. The DJIA rose 0.5%, to settle at 26,659.1, while the NASDAQ added 1.6%, to close at 11,185.6. .
Next Dividend Date
Etsy, Inc. engages in the management of an online marketplace. Its technology platform allows sellers to manage and scale their business. The firm offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segments. The company was founded by Haim Schoppik, Robert Kalin, Jared Tarbell, and Christopher Maguires in June 2005 and is headquartered in Brooklyn, NY.
CEO: Joshua G. Silverman
HQ: 117 Adams Street Brooklyn, 11201 NY