Shares of luxury resale marketplace The RealReal (NASDAQ:REAL) dropped like a rock on Tuesday after the company released financial results that fell short of analysts' expectations. As of 1:40 p.m. EDT, the stock was down a whopping 18% and is now down 54% from its 52-week high.
Who owns the company the real real?
Julie Wainwright
Should you buy a stock when the price is high?
Several studies have shown that it's not so bad to invest at the high point each year (as if you could be so unlucky to invest at the market high every year). Sure, you might earn a little less, but you'll probably do better than the market timers.
Is The RealReal a good investment?
Valuation metrics show that The RealReal, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of REAL, demonstrate its potential to underperform the market.
How much does The RealReal make?
Consignment and Service Revenue was $89.5 million , an increase of 39% and 30% compared to the same periods in 2020 and 2019, respectively. Direct Revenue was $29.4 million , an increase of 115% and 139% compared to the same periods in 2020 and 2019, respectively.Nov 8, 2021
Is The RealReal growing?
The RealReal 2021 Luxury Resale Report Reveals Record Growth and Rising Trends. SAN FRANCISCO , Aug. “Luxury resale is experiencing record growth, with 6 million new members joining The RealReal since the end of June last year,” said Rati Sahi Levesque , President of The RealReal .
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