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The RealReal: 4Q Earnings Snapshot

SAN FRANCISCO (AP) The RealReal Inc. (REAL) on Monday reported a loss of $53 million in. ....

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Poshmark CEO Sees Huge Market for Used Goods. Investors Agree.

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Poshmark stock has more than doubled from its IPO price. CEO Manish Chandra sees the secondhand market ramping up for branded apparel and other goods as consumers embrace social selling.
Michael Nagle/Bloomberg
Poshmark
on Thursday continued the recent run of spectacular venture-backed initial public offerings, priced at $42 a share, above the $35 to $39 target range and opening at $97.50, a gain of more than 130% from the IPO price. Poshmark founder and CEO Manish Chandra sees a potentially huge market that’s just getting started and apparently investors agree with him.
Including the “green shoe,” over-allotment option, Poshmark (ticker: POSH)will have 74 million primary shares outstanding after the offering, giving the company a market valuation of around $7.5 billion. On a fully diluted basis, reflecting in-the-money options and restricted stock units, there are about 10 million more shares, b ....

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Poshmark's shares soar in debut to public markets

NEW YORK (AP) Shares of Poshmark Inc. soared in their debut trading in the public. ....

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Affirm IPO Prices at $49 a Share

abby Jones/Bloomberg
Affirm late Tuesday priced an offering of 24.6 million Class A shares at $49 each, above the recently increased target range of $41 to $44 a share. The original range was $33 to $38.
The IPO price values the consumer lender above $15 billion, once accounting for all outstanding shares and stock options.
The offering is led by Morgan Stanley, Goldman Sachs, and Allen & Co. Affirm will trade on Nasdaq under the symbol AFRM. Shares are set to begin trading Wednesday.
Affirm had revenue for the June 2020 fiscal year of $509.5 million, up 93% from a year ago, while losing $112.6 million. For the September quarter, revenue was $174 million, up about 98% from the comparable year-earlier period, with a loss of $15.3 million. ....

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Detailed text transcripts for TV channel - CNN - 20190603:21:44:00

Several hours later. the investigation turns to why. why a 40-year-old 15-year city worker turned a gun on his colleagues. he was not terminated and he was not in the process of being terminated. reporter: the motive still a mystery. the shooter s resignation email short and concise, writing, it has been a pleasure to serve the city, but due to personal reasons, i must relieve my position. the city manager saying the shooter s job was not under threat. his work satisfactory with no issues of discipline ongoing. victims, their families, and those who witnessed america s latest mass shooting trying to make sense of it all. we heard pop, pop, pop. this is not a drill. this is for alreal. get off your calls and run. witnesses say he was firing in short and controlled three-round bursts. we all started running towards the south exit, towards ....

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