Revolve closes its first trading day up 90% [MarketWatch]
Revolve Group, Inc. Class A (RVLV)
Last revolve group, inc. class a earnings: 2/25 04:05 pm
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Source: MarketWatch
Revolve closes its first trading day up 90% Revolve Group Inc. shot straight up when it began trading at 10:40 a.m. Eastern, closing its first trading day up more than 90% at $34.65. Revolve RVLV, +88.89% shares priced at $18 , the high-end of the $16-to-$18 range. The company raised $52.2 million in the IPO, through the sale of 2.9 million shares. Revolve is an e-commerce retailer targeting Gen Z and millennial women between the ages of 19 and 44 years old with an average income of $61,000, according to Jesse Timmermans, the company’s chief financial officer. To reach this group, the company relies on data and a network of more than 2,500 social media influencers. Read: Revolve IPO: 5 things you should know about the e-commerce retailer Timmermans told MarketWatch the company is placed to cope with the risk of import tariffs that many retailers, and consumers, are facing. “We feel we’re in a better position given the premium product,” he said. “The female millennial customer c
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RVLV
News
- Revolve Group, Inc. (NYSE: RVLV) had its price target raised by analysts at Stifel Nicolaus from $35.00 to $41.00. They now have a "buy" rating on the stock.MarketBeat
- Revolve Group (NYSE:RVLV) sheds 3.4% this week, as yearly returns fall more in line with earnings growth [Yahoo! Finance]Yahoo! Finance
- 2 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not [Yahoo! Finance]Yahoo! Finance
- EXCLUSIVE: Alexis Mabille Seeks New Investors Amid Financial Restructuring [Yahoo! Finance]Yahoo! Finance
- Revolve Group, Inc. to Present at the Raymond James TMT and Consumer Conference on Tuesday, December 10PR Newswire
RVLV
Earnings
- 11/5/24 - Beat
RVLV
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- RVLV's page on the SEC website