Etsy Falls 14% After Q4 Report

Etsy Inc ETSY shares are trading lower by $1.52 at $10.60 in Wednesday's session. After Tuesday's close, the company reported Q4 GAAP EPS $(0.16) that may not compare with $0.02 estimates.

After a lower open, Etsy's stock managed a brief bounce to $11.79 before continuing its move lower. So far, the ensuing decline took the issue to $10.06, but has rebounded back to the mid-$10.00 handle. That marks the lowest level for the issue since it bottomed on July 29, 2016, at $9.91.