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Stock Track | Etsy Soars 5.68% in Pre-market After Beating Q1 Revenue Estimates

Stock Track
Apr 29

Etsy's stock price surged 5.68% during pre-market trading on Wednesday, following the release of the company's first-quarter financial results.

The online marketplace reported quarterly revenue that exceeded Wall Street expectations, driven by growth in gross merchandise sales. More active buyers joined the platform, and shoppers increased their spending per purchase, contributing to the positive performance.

Etsy's results showed resilience despite broader economic pressures, with the company noting it remains largely insulated from direct tariff impacts as most sellers source supplies domestically. The company also provided a forecast for second-quarter gross merchandise sales that indicates continued steady demand.

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