Rafael Henrik | Lightrocket | Getty Images Poshmark, an online clothing retailer, filed its IPO prospectus on Thursday after making more than $ 30 million in profits in the past two quarters. Founded in 2011, it is an Internet marketplace for poshmarks, second-hand wear, shoes and accessories. Like eBay, Poshmark …
Read More »Dordesh, RBNB, Deniz, Virgin Galactic, Arvinas
A Doordashch Inc. at the Sheffield GeFoney Restaurant in Washington DC. The delivery bag is sitting on the floor Andrew Herrer | Bloomberg | Getty Images Check out the companies that make Monday Midday Society. Pfizer, Bioentech – Despite the Food and Drug Administration approving the Covid-19 vaccine for fission, …
Read More »Jim Kramer calls IPO prices ‘broken’ after RBNB, Dordesh debut
CNBC’s Jim Kramer on Friday lashed out at how investment bankers handled recent early public offerings by two tech companies, such as Durdash and RBNB, which saw big pops in their stocks after starting trading this week. “I don’t want to say that the market is broken, but the process …
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