Etsy Files For IPO To Raise Up To $100 Million

Online crafts marketplace Etsy Inc. filed late Wednesday for an initial public offering where it hopes to raise up to $100 million. Goldman Sachs, Morgan Stanley and Allen & Co. are lined up to be the underwriters, according to the Securities and Exchange Commission filing. Etsy plans to trade under the symbol "ETSY" on the Nasdaq. In 2014, Etsy reported a loss of 19 cents a share on revenue of $108.7 million, according to the filing.