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The RealReal, Inc.

Company NameThe RealReal, Inc.
Stock SymbolREAL
Lead Plaintiff Motion DeadlineJanuary 24, 2020

In June 2019, RealReal completed its initial public offering (“IPO”), selling 17.25 million shares at $20.00.

On November 5, 2019, CNBC published a report based on “nearly three dozen former employees” and “internal company documents that show not everything is authenticated by an expert” and that “employees work under strict quotas that lead to fakes being sold on the site.”

On this news, the Company’s share price fell $3.80, or 19%, over two consecutive trading sessions to close at $19.37 on November 6, 2019. Since the IPO, RealReal stock has traded as low as $12.80 per share, a significant decline from the $20 IPO price.

 

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Shares Purchased

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Shares Sold

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