Bloomberg Markets: Dave Wilson's Stock of the Day for May 16
Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Etsy (ETSY). Etsy Inc.'s shares are headed for their biggest since July 2015 after a couple of investors disclosed a combined 8 percent stake and indicated that the online arts-and-crafts be sold. The shares were bought by the private-equity firm TPG and the hedge-fund manager Dragoneer Investment Group, which said they would talk with the company about strategic options. Etsy said in response that it's reviewing current plans and will look at alternatives.
