Etsy stock surges after Musk tweets 'he kinda loves' e-commerce company

Earlier this month, Signal Advance Inc. skyrocketed after the Tesla chief urged in a tweet for his followers to "use Signal."

Etsy Inc. jumped in premarket trading Tuesday after the e-commerce company earned praise from Elon Musk, the second time this month that the Tesla Inc. leader drove up a stock with the push of a social media button.

“I kinda love Etsy,” Tesla’s chief executive officer wrote in a tweet. In a follow-up post, Musk added that he had “bought a hand knit wool Marvin the Martian helm (sic) for my dog” and posted a picture of it. Shares were indicated up as much as 11%.

I kinda love Etsy

— Elon Musk (@elonmusk) January 26,