• Poshmark more than doubles its value in blockbuster Nasdaq debut

    8 days ago - By New York Post

    Shares of Poshmark soared more than 130 percent in their stock market debut on Thursday, valuing the online fashion marketplace at $7.15 billion, highlighting investor optimism for online shopping that has surged during the COVID-19 pandemic. Shares opened at $97.50 on the Nasdaq, well above the initial public offering price of $42 apiece. The company...
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