Why Poshmark Stock Fell Today

·2 min read

Shares of social clothing marketplace Poshmark (NASDAQ: POSH) fell on Friday after the company's profitability in the second quarter of 2022 fell short of expectations. As of 1:45 p.m. ET, Poshmark stock was down 8% but had been down as much as 16.5% earlier in the session. In Q2, Poshmark generated net revenue of $89.1 million, up 9% from the same quarter last year.