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However, the company posted a wider-than-expected third-quarter loss and warned that Apple’s (NASDAQ:AAPL) recent privacy changes would lead to higher marketing spending.
The stock has lost 9.2% in price over the past month and 29.1% over the past three months to close Friday’s trading session at $20.97. In addition, it is currently trading 80% below its all-time high of $104.98, which it hit on January 14, 2021. So, POSH’s near-term prospects look uncertain.
