US Stock Price Fluctuated | Expected full-year revenue exceeds Wall Street expectations, The RealReal (REAL.US) rises nearly 40%
As of press time, the stock has risen nearly 40%, trading at $2.465.
On Friday, The RealReal (REAL.US) stock price soared, rising nearly 40% as of press time, reaching $2.465. The company is expecting revenue for this quarter to be between $135 million and $145 million, and annual revenue to be between $580 million and $605 million. Wall Street is forecasting first quarter revenue to be $1.432 billion and annual revenue to be $5.878 billion.
The company also stated that it expects the total merchandise value by the end of 2024 to be between $1.8 billion and $1.88 billion, higher than the $1.73 billion in 2023.
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