By  on June 10, 2019

Wall Street found its new fashion favorite.

Shares of the data- and influencer-savvy Revolve Group shot up 89 percent to $34 in their first day of trading Friday — a blockbuster initial public offering for what has been a relatively quiet player on the fashion business scene. The offering gave the company a market capitalization of $2.3 billion, including both the Class A shares offered to the public and the Class B supervoting shares.

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