Poshmark (POSH) stock closed 17.1% lower on Wednesday despite posting better-than-expected Q2 financial results. A sequential slowdown in growth rate and near-term marketing issues weighed on the shares of Poshmark, which operates a social marketplace for new and used apparel.  Why Investors are Abandoning Poshmark Stock TipRanks’ Stock Investors tool shows that investors currently have a Very Negative stance on Poshmark stock, with 6.4% of investors who hold portfolios on TipRanks having decreased their exposure in the last 30 days. Notably, Poshmark stock has consistently disappointed investors. It began trading on NASDAQ on January 14 and has declined about 73% since listing.
https://www.tipranks.com/news/article/poshmark-falls-17-yet-future-seems-firm?utm_source=advfn.com&utm_medium=referral
Poshmark (NASDAQ:POSH)
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