Online clothing reseller Poshmark jumps more than 130% as it begins trading

Rafael Henrique | LightRocket | Getty Images Shares of online clothing reseller Poshmark popped more than 130% in the company’s market debut Thursday. The stock began trading at $97.50 per share. On Wednesday, Poshmark priced its IPO at $42 a share, giving it an initial valuation of more than $3 billion. The company previously said … Read more

Shopify just made a $2 billion windfall on Affirm IPO, six months after their partnership

Shopify founder and Chief Executive Officer Tobi Lutke smiles after the company’s IPO at the New York Stock Exchange May 21, 2015. Lucas Jackson | Reuters Shopify just came off a huge growth year as the Covid-19 pandemic spurred massive growth in online shopping. Now it’s starting 2021 with a bang thanks to an 8% … Read more

Max Levchin’s Affirm pops more than 80% as trading starts

Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Gabby Jones | Bloomberg | Getty Images Shares of payments company Affirm soared more than 80% in its initial public offering on the Nasdaq, kicking off what’s likely to … Read more

%d bloggers like this: