Chegg, Etsy, Fiverr, Pinterest, and eBay Shares Skyrocket, What You Need To Know

Radek Strnad

Sat, February 21, 2026 at 6:31 AM GMT+9 3 min read

In this article:

•                                       StockStory Top Pick 
  

  PINS

  +5.96%

 CHGG  

 +9.47%  

 

 

 EBAY  

 +3.92%  

 

 

 ETSY  

 +8.39%  

 

 

 FVRR  

 +3.18%  

What Happened?

A number of stocks jumped in the afternoon session after a landmark Supreme Court decision struck down a significant portion of President Trump’s tariff agenda.

The court, in a 6-3 ruling, found that the executive branch lacks the constitutional authority to unilaterally impose such levies without involving Congress. Investors reacted positively to the news, interpreting the removal of these trade taxes as beneficial for corporate earnings and the broader economy. Major indices, including the S&P 500, Dow Jones Industrial Average, and the Nasdaq 100, all climbed following the announcement. The ruling alleviates concerns about trade disputes and potential retaliatory measures, fostering a more stable environment for international commerce and boosting overall market sentiment.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Consumer Subscription company Chegg (NYSE:CHGG) jumped 11.4%. Is now the time to buy Chegg? Access our full analysis report here, it’s free.

Online Marketplace company Etsy (NYSE:ETSY) jumped 10.2%. Is now the time to buy Etsy? Access our full analysis report here, it’s free.

Gig Economy company Fiverr (NYSE:FVRR) jumped 4.4%. Is now the time to buy Fiverr? Access our full analysis report here, it’s free.

Social Networking company Pinterest (NYSE:PINS) jumped 5%. Is now the time to buy Pinterest? Access our full analysis report here, it’s free.

Online Marketplace company eBay (NASDAQ:EBAY) jumped 4.1%. Is now the time to buy eBay? Access our full analysis report here, it’s free.

Zooming In On Chegg (CHGG)

Chegg’s shares are extremely volatile and have had 99 moves greater than 5% over the last year. But moves this big are rare even for Chegg and indicate this news significantly impacted the market’s perception of the business.

The previous big move we wrote about was 2 days ago when the stock gained 6.2% on the news that its CEO and President, Daniel Rosensweig, disclosed a significant purchase of company shares, which was viewed as a strong vote of confidence in the firm’s future.

Rosensweig bought 100,000 shares on the open market. Such a move by a top executive was often interpreted by investors as a signal that leadership believed the company was on the right track. Adding to the positive sentiment, Chegg also announced it had repurchased $20 million of its convertible senior notes due in 2026 for $19.4 million in cash. This action was seen as a prudent financial step that helped to strengthen the company’s financial position.

Story Continues  

Chegg is down 33.6% since the beginning of the year, and at $0.65 per share, it is trading 64.6% below its 52-week high of $1.84 from September 2025. Investors who bought $1,000 worth of Chegg’s shares 5 years ago would now be looking at an investment worth $6.27.

Microsoft, Alphabet, Coca-Cola, Monster Beverage—all began as under-the-radar growth stories riding a massive trend. We’ve identified the next one: a profitable AI semiconductor play Wall Street is still overlooking.Go here for access to our full report, it’s free.

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