The RealReal Shares JUMPS 6.7% After Beating Estimates – Why?


Shares of secondhand luxury marketplace The RealReal (NASDAQ: REAL) jumped 6.7% in the pre-market session after the company reported third quarter results that exceeded analysts’ expectations. The company’s GMV (Gross Merchandise Value) and revenue both came in above analysts’ estimates, driven by higher-than-expected Average Order Values (Active Buyers and Number of Orders missed). Adjusted EBITDA … Read more