The stock is trading at an eight-month high. Almost 3 million shares have traded hands so far today, almost double the stock's average of 1.57 million shares per day.
The Brooklyn-based marketplace retailer and other companies with significant online shopping markets, like Walmart (WMT), have enjoyed a jump in price today as consumer hype mounts during Amazon.com's deal day.
Etsy stock has gained 14% in the past month.
Amazon.com had been experiencing some technical difficulties earlier today during its massive online shopping holiday, with shoppers complaining that they couldn't add items to their carts. The company was working to resolve the issue.
Amazon.com stock is down 0.07% to $753.29 today.
Separately, TheStreet Ratings rated this stock as a "sell" with a ratings score of D+.
Among the areas TheStreet Ratings feels are negative, one of the most important has been weak operating cash flow.
You can view the full analysis from the report here: ETSY
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.