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Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Poshmark first-quarter 2021 earnings conference call. [Operator instructions] Please be advised at today s conference is being recorded. I would now like to hand the conference over to your speaker today, Ms. Christine Chen, head of investor relations.
Thank you. Please go ahead.
Christine Chen
Head of Investor Relations
Welcome to Poshmark s first-quarter 2021 conference call. Joining me today are Manish Chandra, our founder, chairman, and CEO; and Anan Kashyap, our chief financial officer. Please keep in mind that our remarks today include forward-looking statements such as statements related to our financial guidance and key drivers, the impact of COVID-19 on our communities, business and strategy, the potential benefits of our marketing and product initiatives, and the anticipated return on our investments and their ability to drive growth. Our actual results may differ materially than those expr
Stock-market frenzy offers some CFOs a chance to cash in
New York Stock Exchange traders work on the floor
(AP)
Nina Trentmann
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The recent surge in some company stocks are providing finance executives with a sudden window of opportunity to tap new sources of funding. But not all of them are likely to cash in, as it takes time to prepare an equity sale, and businesses risk raising the ire of regulators if the share price crashes after a fundraising round.
Corporate advisers say more companies have asked about how to prepare for a potential equity sale or another fundraising event in recent weeks as stock prices went up.