TPG Capital acquired a 4.3% stake in ETSY Inc. (Nasdaq: ETSY) while Dragoneer Investment Group disclosed a 3.7% stake. The two activist investors urged the online marketplace to explore strategic alternatives. The stock price climbed $2.41 to close at $13.73.
ETSY investors urge exploration of alternatives
May 16, 2017 at 19:34 PM EDT