Rental

Rent the Runway Shares Tumble Amid Q4 Earnings Report

Rent the Runway (NASDAQ: RENT), shares fell over 5% during after-hours trading on Wednesday after reporting its fourth quarter results. Nevertheless, the company believes that the more than 2 million planned weddings for this year will be a boost for the business. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”RENT” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”RENT” range=”1mo” interval=”1d” …

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Rent the Runway Stock Tumbles Following Earnings

Rent the Runway (NASDAQ: RENT), a fashion rental platform, shares fell more than 13% after it reported third-quarter losses. The dip comes even after the company disclosed its first financial report since going public in October, stating that sales had risen 66% since the previous year. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”RENT” api=”yf”] [stock_market_widget type=”chart” template=”basic” …

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