Etsy Shares Rise 7% Bringing Weekly Gain To 14%

By Caitlin HustonMarketWatch Pulse

Etsy Inc. shares were up 7% in mid-day trade Tuesday, bringing the stock gains for the company to 14% this week. Shares of Etsy fell 22% last week after it missed earnings expectations, causing the stock to trade below its IPO price of $15.03. Etsy was trading at $15.20 Tuesday. Etsy shares have fallen 27% in the last three months compared with the S&P 500's loss of 1%.

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