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RealReal's CFO sold nearly $706,000 in stock, despite the company's stock rising 4.5% post-quarterly loss.
The RealReal's CFO, Gopal Ajay Madan, sold $706,463 worth of company stock, reducing his ownership by 7.16%.
The company reported a quarterly loss of $0.62 per share, missing analysts' forecasts.
RealReal, which operates an online marketplace for luxury goods, saw its stock rise 4.5% after receiving upgraded ratings from several analysts, including Wells Fargo, which raised its price target to $15.00.
The company's stock has a current consensus rating of "Moderate Buy" with an average price target of $7.38.
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El CFO de RealReal vendió casi 706.000 dólares en acciones, a pesar de que las acciones de la compañía aumentaron un 4,5% después de la pérdida trimestral.