Musk tweets ‘I kinda love etsy’ and company’s stock jumps
Etsy Inc. shares jumped on Tuesday after the e-commerce firm earned praise from elon Musk, the second time this month that the Tesla Inc. leader drove up a stock with the push of a send button. “I kinda love etsy,” Tesla’s CEO wrote in a tweet. In a followup post, Musk explained that he had “bought a hand knit wool Marvin the Martian helm (sic) for my dog” and posted a picture of it. Shares gained as much as 8.6 per cent and hit an intraday record. etsy’s jump comes after hordes of day traders have piled into hot stocks.