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Poshmark’s Pandemic IPO Rides Gen Z, Millennial Fever to $3 Billion Value

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If Poshmark’s initial public offering is any indication, the fashion resale market is heading for a healthy future—and investors seem to have an appetite for standouts in the sector. The peer-to-peer platform where consumers buy and sell clothing, shoes, accessories home goods and more closed its first day of trading at $101.50 on the Nasdaq…

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