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Etsy shares tumble after short-seller Citron Research’s counterfeit claim

Por: New York Post Business February 17, 2023

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Citron Research said Thursday Etsy has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm’s shares down 8.4%. Etsy did not immediately respond to a Reuters request for comment. The research firm said the percentage of counterfeit goods on the platform had become too large and Etsy could no longer defend it as a small percentage of revenue. Citron, once known for being the most prominent... + full article



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