Thredup, Inc. (TDUP) has disclosed a new risk, in the Corporate Activity and Growth category.
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Thredup, Inc. faces significant risks in its attempt to identify and execute a strategic alternative for its European operations under the Remix subsidiary. The process may demand extensive management resources and attention, potentially impacting their ongoing business activities adversely. Additionally, substantial investments, including cash infusions, might be required to support the Remix business during this period, with no guarantee of a successful outcome. Regulatory hurdles could further complicate the process, leading to unforeseen liabilities and affecting the company’s overall business health, results of operations, and financial condition.
The average TDUP stock price target is $2.67, implying 218.92% upside potential.
To learn more about Thredup, Inc.’s risk factors, click here.
