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2023-08-09 17:44:53 ET
Shares of ThredUP (NASDAQ: TDUP) popped today after the clothing resale specialist posted better-than-expected results in its second-quarter earnings report even as growth remains slow and the company is unprofitable.
The stock closed up 26.1% on the news.
Revenue rose 8% to $82.7 million in the quarter, which topped estimates at $81.2 million.
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Why ThredUP Stock Jumped TodayNews, Short Squeeze, Breakout and More Instantly...
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