Etsy, Inc. and Pinterest, Inc. were trading higher Friday by 14 percent and 2 percent, respectively, in line with the S&P 500, which was continuing to push higher in an attempt to erase some of the 12 percent loss the index has suffered since Jan. 4.
Both Etsy and Pinterest have been severely beaten down. Etsy has plummeted over 52 percent from its Nov. 26, 2021 all-time high of $307.75 and Pinterest has plunged about 71 percent since reaching an all-time high of $89.90 over a year ago on Feb. 16.
