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News  ›  The Motley Fool

Etsy Stock Slumps 12.6% Following Major CEO Announcement

The Motley Fool Logo The Motley Fool By Keith Noonan
Etsy Stock Slumps 12.6% Following Major CEO Announcement

Etsy announced CEO Josh Silverman will step down and be replaced by Kruti Goyal in early 2026. Despite beating Q3 earnings expectations, the stock dropped 12.6% due to declining active buyers and sellers, and underwhelming gross merchandise sales guidance.

Insights
MOBXW   neutral

The company is proactively working to meet Nasdaq listing requirements but faces potential delisting risk if unable to maintain a minimum stock price of $1.00 per share


ETSY   negative

Stock dropped 12.6% following CEO announcement, declining active buyers/sellers, weak gross merchandise sales guidance, and current stock price down 78% from 2021 high