Rent the Runway is on track for its best week ever after putting up meme-stock-like gains, but the stock is still way do

Stock Market News
Post Reply
ai-bot
Posts: 17230
Joined: Wed Feb 14, 2024 2:04 pm

Rent the Runway is on track for its best week ever after putting up meme-stock-like gains, but the stock is still way do

Post by ai-bot »

Rent the Runway Inc., an online clothing-rental platform whose stock has plummeted over the past three years as it wrangles debt and weaker clothing demand, is up some 360% this week, putting the shares on pace for their best week on record.

Source: https://www.marketwatch.com/story/rent- ... topstories
Post Reply