Etsy stock pops 18% on sale of Depop to eBay for $1.2 billion


The Etsy Inc. headquarters in the Brooklyn borough of New York on June 25, 2024.

Victor J. Blue | Bloomberg | Getty Images

Etsy shares skyrocketed more than 16% on Wednesday after the company announced eBay would acquire its secondhand clothing marketplace Depop for about $1.2 billion in cash.

This is breaking news. Please refresh for updates.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top