Fashion marketplace Poshmark's stock more than doubles in Nasdaq debut

15 Jan 2021 / 00:53 H.

    Jan 14 (Reuters) - Shares of Poshmark Inc soared more than 130% in their stock market debut on Thursday, valuing the online fashion marketplace at $7.15 billion, highlighting investor optimism for online shopping that has surged during the COVID-19 pandemic. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Vinay Dwivedi)

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