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What happened Shares of ThredUP (NASDAQ: TDUP) popped today after the clothing resale specialist posted better-than-expected results in its second-quarter earnings report even as growth remains slow and the company is unprofitable. The stock closed up 26.1% on the news. So what Revenue rose 8% to $82.7
Investing in companies with above-average growth prospects can stack the odds in your favor of doing much better than the market averages. It makes sense that you should look for companies that can grow their annual revenue much faster than your return target. The stock is up 5% since its initialpublicoffering in June.
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