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Poshmark Is Said to Price IPO at $42

By Ross Matican
· · Source: Bloomberg

Poshmark, the secondhand clothing marketplace, is said to have priced its initial public offering at $42 per share, Bloomberg reported Wednesday . That means the company will raise about $277 million and could be valued at $3 billion in the public markets. The question that remains after Poshmark’s pricing is how the stock trades when it opens Thursday. Consumer lending service Affirm, which...

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This is the month that net neutrality died. But maybe, if we strengthen other checks on the power of tech and telecom company executives, we don’t need to mourn its loss. I believe the inevitable outcome of the horrifying political violence on January 6 is that content noninterference will soon become a fringe position. With each new incident of violence, calls for deplatforming by...
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