Poshmark valued at over $7 billion in blockbuster Nasdaq debut By Reuters
By Noor Zainab Hussain and Melissa Fares (Reuters) - Shares of Poshmark Inc soared more than 140% in their stock market debut on Thursday, valuing the online fashion marketplace over $7 billion, highlighting investor optimism for online shopping that has surged during the COVID-19 pandemic. Shares opened at $97.5 on the Nasdaq and finished the first day trading at $101.5, well...
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