Why Poshmark Stock Is Down Since Its IPO

Poshmark (NASDAQ: POSH) has struggled since its IPO, with the stock down roughly 80% since its debut earlier this year. Shares have tumbled as the pandemic tailwinds have faded, but is there hope for a recovery?

In this episode of "Upgrade or Topgrade" recorded on Nov. 12, Millionacres Editor Deidre Woollard and Fool Contributors Jeremy Bowman and Nick Rossolillo discuss Poshmark's challenges and whether the stock can turn it around. 

Continue reading


Source Fool.com