RealReal Stock: Why Wall Street Is Growing Bullish On Secondhand Luxury

The secondhand market for pricey handbags and designer apparel is growing much faster than sales of new luxury items. That has helped The RealReal stock come roaring back from Wall Street’s bargain basement.  Founded in 2011 and headquartered in San Francisco, The RealReal (REAL) describes itself as the largest online marketplace for consigned luxury goods. Chanel, Louis Vuitton, Prada and…