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Nasdaq Commodities

Fashion marketplace Poshmark's stock more than doubles in Nasdaq debut

5 years 9 months ago
Shares of Poshmark Inc soared more than 130% 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. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Vinay Dwivedi) ((noor.hussain@thomsonreuters.com; Within U.S. +1 646 223 8780; Outside U.S. +91 80 6182 2663 or +91 80 3796 2663 ;)) nL4N2JP3SW
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