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 »Affirm, Shopify partner in zero-interest, zero-fee online shopping
New alternative credit card company Affirm has partnered with e-commerce giant Shopify to push a new way for consumers to divide purchases without interest or fees. “Shop Pay Terms” – A new option that Canada-based Shopify will launch later this year, will provide approved Shop Pay customers with this option …
Read More »Cramer breaks down his favorite shares from a record second quarter
CNBC’s Jim Cramer on Tuesday reviewed the top winning stocks in the past three months after the second quarter, which was defined by the push-pull effects of the pandemic and the ongoing economic recovery, came to an end. “I would say that the most impressive actions from my point of …
Read More »The actions of staying at home were suddenly back in fashion, says Jim Cramer
Stay-at-home stocks benefiting from the coronavirus pandemic pushed the stock market higher as investors continued to grapple with the surge in cases in dozens of states, CNBC’s Jim Cramer said Thursday. “When the state of Texas was forced to pause its reopening plan due to record-breaking Covid infections … suddenly, …
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