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oaklandbased thredup nasdaq 168m ipotsaicnbc

Oakland-Based Thredup Raises $168M IPO in the Nasdaq

ThredUp Inc., an online marketplace for secondhand clothing, priced its initial public offering at the top of a marketed range, raising $168 million. Oakland-based ThredUp sold 12 million share for $14 each, according to a statement. ThredUp shares jumped nearly 43% on their first day of trading, closing at $20.04 per share on the Nasdaq. …