Etsy (ETSY) Closes 19.2M Common IPO at $16/Share
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April 17, 2015 4:02 PM EDT
1. Netflix (Nasdaq: NFLX) ran higher this week following Q1 results. The company posted Q1 EPS of $0.38 on revenue of $1.57 billion, versus the analyst EPS estimate of $0.69 and revenue of $1.57 billion. Notably, Netflix reported record net subscriber additions of 4.9 million for the quarter, which compared with its forecast of 4.1 million. For more on the results, click here.
2. Following long-time speculation, Nokia (NYSE:... More
April 17, 2015 8:54 AM EDT
After its strong IPO on Thursday, Etsy (NASDAQ: ETSY) is showing some weakness early Friday amid broader market weakness.
Etsy shares surged to close 87.5 percent higher, rising from $16 to $31 on yesterday's session.
Currently, the stock is down 3 percent, which isn't bad given overall market conditions.
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