Down 60% From Its All-Time High, Is It Time to Buy Poshmark?
Despite the fact that Poshmark (NASDAQ: POSH) wrapped up a solid year in 2020, its stock is now down 60% from its peak. The social commerce platform went public in January and has seen both a meteoric rise and a rapid decline in its short time on the market.
But with the company now valued at about $3 billion, this might be a great opportunity for long-term investors. Let's see why.
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Source Fool.com
