Poshmark, Inc. (POSH): Price and Financial Metrics
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POSH Price/Volume Stats
|Current price||$25.22||52-week high||$104.98|
|Prev. close||$25.62||52-week low||$24.25|
|Day high||$26.09||Avg. volume||887,654|
|50-day MA||$32.48||Dividend yield||N/A|
|200-day MA||$0.00||Market Cap||1.92B|
Poshmark, Inc. (POSH) Company Bio
Poshmark, Inc. designs and develops mobile applications. The Company offers a service to buy and sell women's fashion and accessories from mobile phone applications. Poshmark serves customers throughout the United States.
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Below are the latest news stories about Poshmark Inc that investors may wish to consider to help them evaluate POSH as an investment opportunity.
Poshmark, Inc. (POSH) is a social marketplace for new and second-hand style products, with over 80 million users in the U.S., Canada, and Australia. Recently, Poshmark delivered better-than-expected Q2 fiscal 2021 performance on both revenue and earnings fronts. Let’s take a look at the company’s latest financials, along with what has changed in its key risk factors that investors should be aware of. Poshmark’s net revenue in Q2 increased 22% year-over-year to $81.8 million, beating consensus estimates of $80.3 million. Its gross merchandise value (GMV) increased 25% over the previous year to $449.6 million.
ContextLogic and WISH stock have the second-worst YTD performance of internet retail stocks.
While many tech giants, software providers, and e-commerce companies have seen their stocks soar, some tech stocks have failed to cash in on that enthusiasm. Two tech stocks that investors don't like very much right now are database software provider Couchbase (NASDAQ: BASE) and marketplace platform Poshmark (NASDAQ: POSH). Shares of Couchbase are down around 30% from their all-time high as of this writing.
Hans Tung , Director at Poshmark (NASDAQ: POSH ), made a large insider sell on September 7, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Tung sold 110,870 shares of Poshmark at a price of $27.15 per share. The total transaction amounted to $3,010,074. Following the transaction, Tung still owns 4,464,334 shares of Poshmark worth $118,215,564. Poshmark shares were up at $26.48 after Thursday''s closing. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Why Insider Transactions Full story available on Benzinga.com
What if the social media product discovery process didn’t have to end with interest?
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