The Realreal Inc (REAL)
$16.93 0.12 (0.71%)
17:34 EDT REAL Stock Quote Delayed 15 Minutes
Previous Close $16.93
Market Cap -
PE Ratio -
Volume (Avg. Vol.) 4.36M
Day's Range 16.50 - 17.08
52-Week Range 12.58 - 30.05
Dividend & Yield N/A (N/A)
REAL Stock Predictions, Articles, and The Realreal Inc News
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What happened in the stock market today? A brief yield curve inversion sent recession fears down investors' backs as they sold in worry.
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Apple's potential $1+ billion deal with Intel, Snap's earnings and slew of others made waves in the stock market today.
Both sides of the debate surrounding REAL stock bring up solid points, so the tiebreaker comes down to belief in the underlying business.
RealReal is yet another luxury goods seller, which exposes Real stock to economic downturns more than investors may want.
Secondhand luxury brand retailer, The RealReal (NASDAQ:REAL), had a very positive public debut. REAL stock soared to $28 on the first day of trading, well above the IPO price of $20.Shares have since gone through a digestion period this week and trade closer to the $25 mark. The hype has faded, providing investors an attractive entry point into a company that plays in a massively growing secondhand clothing market. According to a GlobalData Retail research report, this industry is expected to double from $28 billion today to $51 billion by 2023.
The RealReal IPO is underway and it's looking good for investors in the stock as of Monday with it trading above its IPO price.
The second quarter is the books, at least as far as the stock market is concerned. Here's a look at the Nasdaq today.
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