IPO Update: Etsy Inc (ETSY), Party City Holdco Inc (PRTY), Virtu Financial Inc (VIRT)

Etsy Inc. (NASDAQ:ETSY) soared more than 120 percent in its first hours of trading Thursday, as the Brooklyn, New York, e-commerce platform for handmade and vintage goods made its stock market debut. Its initial public offering valued the company at nearly $4 billion.