EtsyNASDAQ: ETSY

The stock market has been roaring higher since 2023. The S&P 500 and the Nasdaq remain elevated as the Magnificent Seven stocks propel these indices to all-time highs.

Not every stock is a winner, and it's important to know when to cut your losses. While it's normal for corporations to report bad earnings every once in a while, some earnings reports can shatter growth narratives and put investors in tough spots.

NEW YORK--(BUSINESS WIRE)--Fi, the pioneer in connected tech for dogs and dog parents, is delighted to welcome Chad Dickerson to its Board of Directors. Chad, a seasoned technology executive who led Etsy through IPO as CEO, brings decades of operational and strategic experience to Fi's leadership team. Jonathan Bensamoun, founder and CEO of Fi, stated, "We are elated to have Chad join our board. His amazing experience leading one of the most successful NYC based e-commerce technology companies.

The online handmade goods marketplace, Etsy, is at a crossroads. After booming during the pandemic, the company's gross merchandise sales have been flat in 2022 and 2023.

Etsy is attempting to replicate the high sales numbers seen during the pandemic. Here are the challenges it is facing.

It appears to be inexpensive, but there has been no growth for over a year.

Etsy, Inc. (Nasdaq: ETSY), a company that runs online marketplaces connecting buyers and sellers globally, has revealed its involvement in upcoming investor events that will be available for viewing on their investor relations website at investors.etsy.com.

Etsy's performance in the first quarter of 2024 was affected by negative macroeconomic factors, but there was still strong growth in the number of active buyers and sellers on the platform.

Etsy experienced a decline in sales this quarter, but they are focusing on enhancing the shopping experience.