3 Years Ago
1 Min Read
REAL is making big moves today. Find out why the stock is trading -4% lower:
Shares of The Realreal Inc (REAL) are trading -4% lower at a price of $2.49 at the time of this writing. Shares of the stock are lagging behind other names in the space on what is turning out to be a slightly bearish day for the Consumer Discretionary sector.
- Cowen downgraded The RealReal Inc., suggesting that they believe there is a greater chance of a market crash happening in the near future.
- The retail industry has been struggling recently due to consumer concerns about spending and debt levels
The Realreal Inc has been trading between a 52-week high of $17.09 and a 52-week low of $2.12. The stock has a market cap of $238 Million.
The RealReal is the world's largest online marketplace for authenticated, resale luxury goods, with more than 20 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. The company has hundreds of in-house gemologists, horologists and brand authenticators who inspect thousands of items each day.
Headlines
The RealReal Inc. (NASDAQ: REAL) Dropped -68.05% In 6 Months – Here’s What Might Happen Next
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Seeking Alpha 08-16-22
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Kwhen Finance 08-15-22
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24/7 Wall street 08-12-22
Cowen Downgrades The RealReal Inc. to Market Perform
Investing.com 08-12-22
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