Activist Elliott builds roughly 13% stake in Etsy, secures board seat
ETSYEtsy(ETSY) CNBC·2024-02-01 22:40

In this article Etsy Sellers Market in Times Square celebrating Etsy's celebration going IPO at Nasdaq on April 16, 2015 in New York City. Activist investor Elliott Management has a "sizable" investment in e-commerce firm Etsy, which announced on Thursday that Elliott partner Marc Steinberg would join the company's board. The activist investor has built a roughly 13% position in the stock, a person familiar with the matter told CNBC. Etsy shares shot up more than 10% on the news. Elliott and Etsy have been ...