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 $20.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Revolve Group, Inc. to Announce First Quarter 2024 Financial Results on May 7, 2024PR Newswire
- Revolve Group, Inc.'s (NYSE:RVLV) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum? [Yahoo! Finance]Yahoo! Finance
- Revolve Group, Inc. (NYSE: RVLV) had its price target raised by analysts at UBS Group AG from $16.00 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
- Consumer Internet Stocks Q4 In Review: Revolve (NYSE:RVLV) Vs Peers [Yahoo! Finance]Yahoo! Finance
RVLV
Earnings
- 2/27/24 - Beat
RVLV
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- RVLV's page on the SEC website