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MarketFoolery

Sweet Music for Etsy

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 22 July 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

Etsy buys Reverb, a marketplace for music gear, for $275 million. Jason Moser analyzes why Etsy paid a good price and how investors should evaluate the success of the deal. Plus, we discuss Equifax’s fine, Microsoft’s stellar 4th-quarter report, and why Aaron Bush is a good follow on Twitter.

Check out www.paypalcredit.com/fool.

Transcript

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0:00.0

Market Fullry is brought to you by PayPal Credit.

0:02.1

Summers here so make the most of it by booking your travel plans or purchasing your favorite

0:06.0

gadgets with six months special financing on purchases of $99 or more with PayPal credit.

0:12.6

Learn more at PayPal.com slash Fool,

0:15.6

subject to credit approval, minimum monthly payments required.

0:21.6

It's Monday, July 22nd. Welcome to Market Foolery. I'm Chris Hill joining me in studio,

0:26.1

Jason Moser, in the house. Thanks for being here.

0:28.4

Howdy. We got to get to a couple of fun things here.

0:35.0

Sorry, it's the end of a long day and I'm a little under-caffinated and brain dead.

0:42.0

So this is going to be great.

0:43.8

Hey man, I'll help you through it.

0:45.9

First time listeners are always like, they're already thinking to themselves.

0:49.4

Like, why am I listening to this?

0:50.5

How long is this again?

0:51.5

My friend told me to listen to this? Why am I listening this idiot?

0:54.0

A very interesting deal from ETSE that I want to get to. I think the bigger headline today is from Equifax, the Credit Reporting Company.

1:05.0

Equifax, which was in the news for, let's just say, some digital security issues.

1:13.0

They're going to be paying a fine of, and help me here,

1:15.8

is it 700 million or is it up to 700 million?

1:19.0

I've seen both reported.

1:20.4

It's going to be hundreds of millions of dollars worth of a fine that Equifax is going to be paying for this.

1:27.0

The stock is up, which leads me to believe this is the old adage of the market hates uncertainty,

...

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