When social-data and stock price are moving sharply in opposite […]
These were the most popular brands under the tree
December 28, 2020
Etsy (ETSY)
Etsy’s Purchase Intent Mentions have shown phenomenal of growth over the past three quarters, with 20Q4 (ending 12/31) on pace for a gain of +91% YoY.
Shares of Etsy, Inc. (ETSY) are trading lower today but have gained more than +300% this year. Can the stock continue its momentum into the New Year? It's obvious that Etsy has had a strong Holiday quarter. We're maintaining a bullish outlook until we see a major slowdown in the underlying mentions.
Trend Watch: Gift Cards
Consumer mentions of giving or receiving a gift card increased +16% on Christmas day 2020 vs. 2019.
For mentions where a specific brand was referenced, the top performers were...