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1 Recession-Resistant Stock Down 88% That Could Soar

·4 min read
1 Recession-Resistant Stock Down 88% That Could Soar
In this article:
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Apparel resale marketplace Poshmark (NASDAQ: POSH) does both. While there are no guarantees, Poshmark may do far better during a recession than the market seems to think. Consignment shops are a convenient way to sell old clothes, but they take big cuts of each sale since they handle storing and selling the items.