Poshmark opens up more than 130% on its first day of trading, valuing the company at more than $3B, after raising $277M in its IPO (Annie Palmer/CNBC)

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Annie Palmer / CNBC:
Poshmark opens up more than 130% on its first day of trading, valuing the company at more than $3B, after raising $277M in its IPO  —  – Poshmark opened its first day of trading on the Nasdaq.  — On Wednesday, Poshmark priced its IPO at $42 a share, giving it an initial valuation of more than $3 billion.

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