If e-commerce stocks are making a comeback this year, somebody forgot to tell Etsy (NASDAQ: ETSY). While peers like Amazon, Wayfair, and Shopify have seen their stock prices bounce back this year in response to signs that the online retail market is strengthening, Etsy has missed out on the rally. Shares of the online marketplace for crafts and vintage items are down 47% year-to-date, missing out on the broader rally that's sent the Nasdaq Composite up 27%.
Shopify (SHOP) closed at $53.58 in the latest trading session, marking a +0.94% move from the prior day.
Investors need to pay close attention to Shopify (SHOP) stock based on the movements in the options market lately.