Poshmark’s stock is tanking today on weaker than expected sales for it’s third quarter. As of the time of this publishing, the stock is down 31%. The company blamed some of the miss on Apple’s privacy changes, which has negatively impacted it’s marketing efforts and presumably it’s app and website traffic. This privacy update began rolling out in April and our website traffic estimates for Poshmark confirm this downward trend, especially during the month of October.
Poshmark.com Estimated Website Traffic (Jan – Oct 2021)
Our daily traffic charts show this decline bottoming out on November 2nd and showing a modest rebound after that. But stay tuned to see if it can maintain this, or if it continues to slide.
Poshmark.com Daily Website Traffic (2021 YTD)
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