Kaynak: Seeking Alpha
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Etsy: From Value Trap To GARP Investment (Rating Upgrade)
Etsy, Inc. reported a good double beat in Q2, but the stock reacted negatively. GMS on Etsy has inflected positively, currently hidden by the divestments of Reverb and Depop. ETSY's outlook is now good, driven by GMS growth, a stable take rate, and cost efficiencies.
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Kaynak: Seeking Alpha
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