|Bid||2.2000 x 1300|
|Ask||2.2100 x 1100|
|Day's range||2.1700 - 2.2300|
|52-week range||1.0000 - 2.9400|
|Beta (5Y monthly)||2.64|
|PE ratio (TTM)||N/A|
|Earnings date||06 Nov 2023 - 10 Nov 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.85|
Luxury retail platform The RealReal (REAL) is reporting that shoppers are pivoting toward trade-down purchases on second-hand luxury items. Yahoo Finance's Alexandra Canal, Josh Schafer, and Pras Subramanian take a look at luxury spending patterns from younger consumers and growing demand in second-hand retail markets.
Key Insights Given the large stake in the stock by institutions, RealReal's stock price might be vulnerable to their...
Shares of TheRealReal (NASDAQ: REAL) were up 13.5% as of 2:48 p.m. ET on Wednesday after delivering better-than-expected earnings results in the second quarter. Revenue was slightly below estimates, but the secondhand merchandise seller reported improving profitability that buoyed the stock. Selling secondhand items online is a competitive market.