Etsy (ETSY) stock is moving higher in Wednesday's after-hours trading session, following the company's mixed third quarter results. While revenue exceeded expectations, profits fell short of analyst estimates. However, the e-commerce platform also announced a new $1 billion share buyback program.

Asking for a Trend hosts Julie Hyman and Josh Lipton analyze the company's third quarter report, discussing how the stock has struggled year to date.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Angel Smith