Buy this online thrift store as secondhand clothing market heats up, Jefferies says

Published Fri, Mar 18 20226:43 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

thredUP Co-Founder & CEO James Reinhart speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California.

Kimberly White | Getty Images Entertainment | Getty Images

Strong growth prospects in the clothing resale market should fuel a big jump in ThredUp's stock price, according to Jefferies.

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