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REAL - The RealReal Stock: Turnaround Strategy Faces A Big Test In 2024
The RealReal Inc.
2024-04-19 05:43:19 ET
Summary
Shares of REAL are up sharply over the past year amid an improving financial outlook.
The RealReal has shifted its business model to focus more on higher-margin consignment.
We expect shares to remain volatile in what remains a difficult path to reach sustainable profitability.
The RealReal, Inc. ( REAL ) has emerged as a surprising turnaround story, with shares up more than 200% from its 2023 low on the heels of encouraging financial trends and positive management guidance....