Here's Why Poshmark Stock Likely Jumped for the Last Time Today

Here's Why Poshmark Stock Likely Jumped for the Last Time Today

Shares of social-fashion company Poshmark (NASDAQ: POSH) jumped on Tuesday after management agreed to being acquired by Naver for $17.90 per share. As of 10:30 a.m. ET, Poshmark stock was up 13%. Naver is a Korean internet company that's buying Poshmark.