1 Must-Know Risk for Etsy Investors
After soaring 2,170% in the five-year period leading up to their peak in November 2021, shares of Etsy (NASDAQ: ETSY) have come crashing down. They currently trade 83% below that record from more than three years ago.As of this writing, Etsy shares can be purchased at a dirt-cheap forward price-to-earnings (P/E) ratio of 8.9. This deal might be too difficult to pass up for those looking at a potential value opportunity in this kind of market environment.However, don't rush in just yet. Here's one obvious risk that investors in this e-commerce stock need to know.Continue reading
After soaring 2,170% in the five-year period leading up to their peak in November 2021, shares of Etsy (NASDAQ: ETSY) have come crashing down. They currently trade 83% below that record from more than three years ago.
As of this writing, Etsy shares can be purchased at a dirt-cheap forward price-to-earnings (P/E) ratio of 8.9. This deal might be too difficult to pass up for those looking at a potential value opportunity in this kind of market environment.
However, don't rush in just yet. Here's one obvious risk that investors in this e-commerce stock need to know.
