The JF Shea-backed social commerce marketplace priced its shares above the range in an offering valuing it at about $3bn.

US-headquartered social fashion marketplace Poshmark is going public today on the Nasdaq Global Select Market in a $277m initial public offering that will enable homebuilder JF Shea to exit. The offering consists of 6.6 million shares priced at $42.00 each, well above the $35 to $39 range Poshmark set last week and valuing it just…

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