Etsy (ETSY) Climbs After Naming Elliott's Steinberg to Board
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February 1, 2024 9:20 AM EST
Activist Elliott Is Said To Have Built 13% Interest In Etsy (NASDAQ: ETSY) - Bloomberg
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February 1, 2024 9:13 AM EST
(Updated - February 1, 2024 1:20 PM EST)
(Updated - February 1, 2024 9:38 AM EST)
Etsy (NASDAQ: ETSY) shares surged early on Thursday after the company announced it has appointed Marc Steinberg, partner at activist firm Elliott Investment Management, to its board, while Bloomberg reported that Elliott has built a significant position in the online marketplace company.
Etsy shares are up more than 10% at well over $73 per share at the time of writing. It closed... More
February 1, 2024 8:01 AM EST
Etsy, Inc. (Nasdaq: ETSY) today announced that its Board of Directors has appointed Marc Steinberg, Partner at Elliott Investment Management, L.P. (together with its affiliates, "Elliott") to the company's Board, effective February 5, 2024. He will also join the Board's Audit Committee.
"We are excited to welcome Marc to the Etsy Board," said Josh Silverman, Chief Executive Officer, Etsy. "Marc brings unique and valuable experience as an investor and board member in the technology, digital... More
