ThredUp Shares Jump Nearly 30% in Trading Debut After IPO >TDUP
12:05 pm ET March 26, 2021 (Dow Jones) Print
By Colin Kellaher
Shares of ThredUp Inc. rose nearly 30% in their trading debut Friday after the online consignment and thrift store's initial public offering was priced at the top of expectations.
ThredUp shares were recently changing hands at $18.08, up about 29%, after opening at $18.25.
The Oakland, Calif., company sold 12 million shares at $14 apiece, the high end of the expected range of $12 to $14.
Write to Colin Kellaher at colin.kellaher@wsj.com
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