As Etsy and eBay Issue Weak Guidance, Is E-Commerce Cooling Down?

As the economy continues to reopen and consumers shift their behavior, e-commerce giants are seeing a slowdown in consumer interest, and companies are issuing weak guidance in response. Customers are increasingly shopping in person, or slowing down their spending habits in response to inflation. Even industry giant Amazon is predicting a third-straight quarter of single digit growth — something once unheard of for the company. Where does the e-commerce industry go from here? John Freeman, Equity Analyst at CFRA Research, joins Closing Bell to discuss the broader e-commerce cooldown, why companies like Etsy and eBay issued lower guidance, why eBay could still have growth potential, and more.
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