The newly proposed economic stimulus package brings optimism to the market. Netflix, Intel, and Schlumberger will be posting fourth-quarter earnings this week while several companies are set to go public including MYT Netherlands that aims to raise $266 million.
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Poshmark Announces IPO Pricing At $42 Per Share
Re-commerce firm Poshmark has released its IPO pricing at $42 per share, giving the company an initial valuation of $3 billion. Poshmark is planning to sell 6.6 million shares of Class A common stock on the Nasdaq under the ticker symbol, “POSH”.