Citron Research Tweets "Earlier this year, Citron flagged counterfeiting concerns on $ETSY, leading to a 50% stock dip. Thrilled to share that latest reviews highlight $ETSY's efforts to combat this."
Portfolio Pulse from Benzinga Newsdesk
Citron Research has tweeted about Etsy's successful efforts to combat counterfeiting, which had previously led to a 50% dip in the company's stock. Citron had flagged these concerns earlier in the year.
September 14, 2023 | 2:05 pm
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Etsy's stock had previously dipped 50% due to counterfeiting concerns flagged by Citron Research. However, recent reviews highlight Etsy's successful efforts to combat this issue.
Etsy's stock had suffered a significant dip due to counterfeiting concerns. However, the company has made successful efforts to combat this issue, which is likely to restore investor confidence and positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100