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Home > Squawk Pod > Etsy, AMC Stock and Hey, Free Popcorn
Podcast: Squawk Pod
Episode:

Etsy, AMC Stock and Hey, Free Popcorn
Category: Business
Duration: 00:33:21
Publish Date: 2021-06-02 16:36:57
Description: Etsy has acquired fashion marketplace Depop for about $1.6 billion in a big bet on the coveted Gen Z demographic. Etsy CEO Josh Silverman discusses the acquisition as well as the company’s post-pandemic outlook. Fresh off its latest boost from Reddit-reading retail traders, AMC is launching “AMC Investor Connect,” an initiative that will put the movie theater chain in direct communication with its individual shareholders and even offers free popcorn. CNBC’s Robert Frank breaks down AMC’s rising fortunes amid the retail-trading boom. Grameen America, a leading micro-finance non-profit, wants to help close the racial wealth gap. Grameen America CEO Andrea Jung, announces a commitment of $1.3 billion in loans to 80,000 Black women entrepreneurs over the next ten years. Plus, Elon Musk is in dangerous waters with the SEC for his tweets - but the Tesla brand may be coming to a drive-in near you - and Amazon is adjusting its drug testing policy.
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