All articles tagged with #thredup
Stitch Fix shares slide after missing revenue estimates and reporting wider losses, ThredUp stock dips despite beating revenue estimates, and GitLab plunges in extended hours trading despite topping fourth-quarter earnings estimates, as its full-year guidance falls short of analysts' expectations.
Clothing-consignment company ThredUp is dual listing its stock on the Long Term Stock Exchange (LTSE), a national securities exchange designed to promote sustainable principles and a long-term focus among investors and businesses. ThredUp is the second company currently listed with LTSE. The exchange wants to "reverse the epidemic of short-term thinking" and encourage companies to make long-term commitments, such as environmental improvements or corporate-governance standards. Despite the challenges of gaining traction as an alternative exchange, ThredUp's CEO James Reinhart says the dual listing lays a foundation "for future prosperity at a time when the natural human impulse is to be afraid."