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How Will the Market React to RealReal Inc (REAL) Stock Getting a Bullish Rating

Thursday, November 09, 2023 01:08 PM | InvestorsObserver Analysts

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How Will the Market React to RealReal Inc (REAL) Stock Getting a Bullish Rating

Overall market sentiment has been high on RealReal Inc (REAL) stock lately. REAL receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
RealReal Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REAL!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With REAL Stock Today?

RealReal Inc (REAL) stock is up 12.91% while the S&P 500 has fallen -0.44% as of 1:05 PM on Thursday, Nov 9. REAL has gained $0.26 from the previous closing price of $2.00 on volume of 3,272,501 shares. Over the past year the S&P 500 is higher by 13.99% while REAL has gained 83.74%. REAL lost -$1.85 per share in the over the last 12 months. To screen for more stocks like RealReal Inc click here.

More About RealReal Inc

The RealReal is the largest luxury resale platform in the U.S., generating $1.48 billion in 2021 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The firm generates revenue via consignment and first-party sales on its online marketplace, and through direct sales across its brick-and-mortar footprint. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 25% of gross merchandise value (or 35% of net merchandise value, which excludes returns, cancellations, and first-party sales). Click Here to get the full Stock Report for RealReal Inc stock.

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