In its first-quarter 2026 investor letter, Optimist Fund highlighted stocks like ThredUp Inc. (NASDAQ:TDUP).
ThredUp Inc. (NASDAQ:TDUP) is a resale platform that allows the users to buy and sell primarily secondhand apparel, shoes, and accessories
On May 18, 2026, ThredUp Inc. (NASDAQ:TDUP) closed at $4.07 per share. One-month return of ThredUp Inc. (NASDAQ:TDUP) was -4.24%, and its shares lost 43.31% over the past 52 weeks. ThredUp Inc. (NASDAQ:TDUP) has a market capitalization of $525.19 million.
Optimist Fund stated the following regarding ThredUp Inc. (NASDAQ:TDUP) in its Q1 2026 investor letter: “ThredUp Inc. (NASDAQ:TDUP) – ThredUp’s share price has been extremely weak over the past six months despite continued strength in the underlying business. Notably, recent financial performance has increased our confidence in our five-year target of $30+ per share. We view this disconnect between price and fundamentals as a compelling opportunity and added to the position during the quarter.