Watch for Continued Losses in Shares of Poshmark Inc. (POSH)

March 25, 2021 10:21:13

Shares of Poshmark Inc. (NASDAQ:POSH) traded today at $38.75, breaking its 52-week low. Approximately 1 million shares have changed hands today, as compared to an average 30-day volume of 782,000 shares.

In the past 52 weeks, Poshmark Inc. share prices are bracketed by a current low of $38.75 and a high of $104.98 and is now at $39.42.

Poshmark Inc. has overhead space with shares priced $39.42, or 16.9% below the average consensus analyst price target of $47.43.

Poshmark Inc operates an eCommerce platform. The firm sells various items such as jackets, shoes, bags, shirts, accessories, sweaters, pants, shorts, bedding, party supplies, phone cases, sunglasses, kitchen items, and various other articles among others.

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