Poshmark stock gains after Barclays turns bullish

Shares of Poshmark Inc. were rising more than 5% in premarket trading Monday after Barclays analyst Trevor Young assumed coverage of the fashion-marketplace stock and lifted Barclays' rating on the name to overweight from equal weight. "Admittedly, POSH isn't out of the woods yet on navigating ad-targeting post IDFA [Apple's privacy-related changes to ad tracking], and marketing continues to ramp as a % of revenue, pressuring Ebitda [earnings before interest, taxes, depreciation and...