Etsy Announces Pricing of Initial Public Offering
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Etsy (ETSY) IPO Fades from Highs; Street Price Targets Suggest 40%+ Downside
April 16, 2015 1:01 PM EDTAfter opening at $31 and reaching an intra-day high of $35.74, shares of today's hot IPO for Etsy (NASDAQ: ETSY) are now trading at $29.15 - that's down 18% from today's high but still up 82% from the $16 pricing.
Today's price surge has many on the Street already talking "bubble". Notably, the stock is already significantly above what two recent analysts (one... More
Etsy (ETSY) IPO Opens Up 94%
April 16, 2015 10:48 AM EDTToday's IPO for Etsy (Nasdaq: ETSY) opened for trading at $31 after pricing 16,666,666 shares of its common stock at a price to the public of $16 per share, the high end of the expected $14-$16 range.
Etsy is offering 13,333,333 shares and selling stockholders are offering 3,333,333... More
Brean Capital Initiates IPO Etsy (ETSY) at Buy
April 16, 2015 6:26 AM EDTBrean Capital initiates coverage on today's IPO Etsy (NASDAQ: ETSY) with a Buy rating and a price target of $19.00.
Analyst Tom Forte commented, "Etsy operates a global e-commerce marketplace for unique merchandise (including handcrafted and vintage) boasting 54.0MM members, 19.8MM active buyers, 1.4MM active sellers, 30MM... More
