Naver Wraps Up Poshmark Acquisition

Naver, which said it was buying apparel resale site Poshmark for $1.2 billion in October, said Thursday that it has completed the deal. Naver said the acquisition will “create a global player in onlin...

Twitter, Poshmark, Rivian and more

Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Che...

Poshmark shares open 15% up on Tuesday: explained here

Poshmark Inc (NASDAQ: POSH) opened nearly 15% up on Tuesday after Naver Corp (KRX: 035420) said it will buy the social commerce marketplace for $1.20 billion. Details of the announced agreement The $1...

Rivian, Credit Suisse, Poshmark and more

Check out the companies making headlines in premarket trading Tuesday. Rivian — Rivian’s stock rallied 9.3% after the electric vehicle maker announced that third-quarter production rose 67% from...

Poshmark to Sell Itself for Less Than Half Its IPO Price to Korea’s Naver

Listen to article (2 minutes) Poshmark has agreed to sell itself in a deal that values the social shopping marketplace at less than half the price where it went public in early 2021. South Korean inte...

Korean Internet Giant Naver To Buy American Fashion Reseller Poshmark For $1.2 Billion

Naver cofounder Lee Hae-jin. ALAIN JOCARD/AFP via Getty Images South Korean billionaire Lee Hae-jin’s Naver, the country’s largest internet company by market capitalization, agreed to acquire American...

Disney, Poshmark, Vroom and more

Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making headlines in midday trading Monday. Poshmark — Shares of the ...

Vroom, Poshmark, Revolve, Green Plains and more

Vroom IPO at the Nasdaq site, June 9, 2020. Source: Nasdaq Check out the companies making headlines before the bell: Poshmark — Shares spiked more than 5% after Barclays upgraded the online fashion re...

Rivian, Illumina, Toast, and More Stock Market Movers Friday

Text size Rivian, the maker of electric trucks, maintained its production estimates for the full year. Courtesy Rivian Stock futures rose Friday amid more signs that inflation in the U.S. has been coo...

Stocks making biggest after hours moves: Rivian, Poshmark and more

R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 20...

Robinhood and 4 Other Broken IPO Stocks That Could Be Buys

After a bubbly year for initial public offerings, 2022 looks like a bust. Shares of many companies that came public last year are down 80% or more from their peaks. “This is the IPO market’s worst sel...