EPISODE · Apr 12, 2022 · 10 MIN
Lucky lobster 🦞 — Etsy sellers are striking. GlobeNewswire employees got booked for insider trading. And the lobster market is booming.
from The Peak Daily · host The Peak / Curiouscast
As Etsy tries to graduate from niche online marketplace status to the e-commerce big leagues, a public battle over fee increases is heating up between the company and its sellers. Two Canadian employees for GlobeNewswire are under investigation by the Ontario Securities Commission for allegedly using their access to unpublished corporate press releases to carry out advantageous trades. Canada is the world’s largest lobster exporter, shipping out a whopping 86% of the world’s supply and making a record $3.26 billion from these exports last year. This number could be even bigger in 2022 with lobster prices currently nearing an all-time high as global demand soars. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
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Lucky lobster 🦞 — Etsy sellers are striking. GlobeNewswire employees got booked for insider trading. And the lobster market is booming.
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