ThredUp Inc. (TDUP): ThredUp Shares Jump Nearly 30% in Tradin...

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Friday, 03/26/2021 12:30:26 PM

Friday, March 26, 2021 12:30:26 PM

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

(END) Dow Jones Newswires

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