CNBC: E-commerce stocks plummet

https://www.cnbc.com/2022/05/05/e-commerce-stocks-plummet-as…

Shares of Etsy, Shopify, Wayfair, Poshmark and a number of other e-commerce retailers fell Thursday.

E-commerce transactions have declined 1.8% from a year ago, while in-store sales rose 10%, Mastercard SpendingPulse said in a new report.

The decline in online retailers came as a broader sell-off walloped stock markets Thursday.

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