Press release
Investors who lost money with shares of ThredUp Inc. (NASDAQ: TDUP) should contact the Shareholders Foundation

An investigation for investors in ThredUp Inc. (NASDAQ: TDUP) shares over potential securities laws violations by ThredUp Inc.
Investors who purchased shares of ThredUp Inc. (NASDAQ: TDUP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ThredUp Inc. (NASDAQ: TDUP) concerning whether a series of statements by ThredUp Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Oakland, CA based ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States and internationally.
On or around March 26, 2021, ThredUp Inc conducted its initial public offering ("IPO"), selling 12 million shares of its Class A common stock priced at $14.00 per share.
ThredUp Inc. reported that its annual Total Revenue rose from $251.79 million in 2021 to $288.37 million in 2022, and that its Net Loss increased from $63.17 million in 2021 to $92.28 million in 2022.
Then, on November 6, 2023, ThredUp issued its third quarter ("Q3") 2023 financial results, reporting Q3 GAAP earnings-per-share of -$0.17, missing consensus estimates by $0.01, and Q3 revenue of $82 million, missing consensus estimates by $0.95 million. The following day, The Motely Fool published an article entitled "Why ThredUp Stock Plunged 36% Today", noting, among other things, that "[t]he problem for ThredUp is that revenue growth hasn't led to the kind of operating margins that investors hoped for" while the Company "keeps burning cash," and that "ThredUp's concept, selling products on consignment and secondhand, is interesting, but it hasn't proven to be profitable."
Shares of ThredUp Inc. (NASDAQ: TDUP) declined to as low as $1.86 per share on November 09, 2023.
Those who purchased shares of ThredUp Inc. (NASDAQ: TDUP) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investors who lost money with shares of ThredUp Inc. (NASDAQ: TDUP) should contact the Shareholders Foundation here
News-ID: 3318313 • Views: …
More Releases from Shareholders Foundation

ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…

Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…

Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in…

Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for ThredUp
Second-Hand Resale Platforms Market Is Booming Worldwide | Major Giants Poshmark …
HTF MI recently introduced Global Second-Hand Resale Platforms Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.
Major companies in Second-Hand Resale Platforms Market are:
eBay, Poshmark, Depop, ThredUp, Vinted, The RealReal, StockX, Grailed, GOAT, Rebag, Vestiaire Collective,…
Clothing Recycling Market to Witness Stunning Growth | Major Giants ThredUp,Terr …
HTF MI just released the Global Clothing Recycling Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
𝐌𝐚𝐣𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 profiled in Clothing Recycling Market are: The Renewal Workshop,…
Secondhand Apparel Market Attractive Growth Proposition Seen in 2024: ThredUp, P …
According to HTF Market Intelligence, the Global Secondhand Apparel market to witness a CAGR of 14.8% during the forecast period (2024-2030). The Latest research study released by HTF MI "Secondhand Apparel Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying…
Secondhand Apparel Market Analysis & Forecast for Next 5 Years | ThredUp, Poshma …
According to HTF Market Intelligence, the Global Secondhand Apparel market to witness a CAGR of 14.8% during forecast period of 2023-2028. The market is segmented by Global Secondhand Apparel Market Breakdown by Application (Women, Men, Children, Plus Size) by Type (Casual Wear, Formal Wear, Sportswear, Others) by Sales Channel (Online, Offline) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Secondhand Apparel market size is estimated to…
Styling App Market to Witness Huge Growth by 2028 | Amazon.com, ASOS, thredUP, Z …
Advance Market Analytics published a new research publication on "Styling App Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Styling App market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Luxury Resale Market May See a Big Move | Fashionphile, Poshmark, 1stdibs, Stock …
Latest Study on Industrial Growth of Luxury Resale Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Luxury Resale market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments…