Thursday, December 17, 2020

Poshmark files S-1 for its IPO, reports revenue growth of 28% YoY to $192.8M in the first nine months of 2020 and 31.7M active users, says it is now profitable (Annie Palmer/CNBC)

Annie Palmer / CNBC:
Poshmark files S-1 for its IPO, reports revenue growth of 28% YoY to $192.8M in the first nine months of 2020 and 31.7M active users, says it is now profitable  —  - Poshmark is an online marketplace for secondhand clothing, shoes and accessories.  — The company filed to go public on Thursday.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...