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Etsy set for $267-million IPO, stock market debut Thursday
Etsy set for $267-million IPO, stock market debut Thursday

Online shopping marketplace Etsy is scheduled to debut on the stock market Thursday after raising $267 million in the technology industry’s third major initial public offering of stock this year. Etsy announced Wednesday afternoon that it has finalized its IPO price at $16 a share, the upper limit of a predicted range. The price values the company at $1.78 billion. Etsy’s arrival on Nasdaq is being closely followed in the tech world for a number of reasons. The decision to go public has led to fresh scrutiny about whether the trinkets, clothing and other craft goods that people sell on Etsy are truly homemade. The small-scale approach has been Etsy’s crucial separator...

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