Rent the Runway stock jumps on optimistic 2024 outlook [Yahoo! Finance]
Rent the Runway, Inc. - Class A (RENT)
Company Research
Source: Yahoo! Finance
Rent the Runway stated that 2023 was a year of "significant improvements," expecting 2024 to be a "milestone" year for the company's financials. The clothing rental retailer plans to break even and free cash flow in 2024. This comes after the company reported a weaker-than-expected loss per share of $7.06 in its most recent fourth quarter earnings, compared to the street's expectation of a $6.05 loss. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
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News
- What Rent the Runway's 360% stock surge reveals about the future of AI in fashion [Yahoo! Finance]Yahoo! Finance
- What Rent the Runway's 360% stock surge reveals about the future of AI in fashion [Fortune]Fortune
- From rags to riches, Rent the Runway goes from penny stock to quadrupling share prices in days after doubling down on AI [Yahoo! Finance]Yahoo! Finance
- From rags to riches, Rent the Runway goes from penny stock to quadrupling share prices in days after doubling down on AI [Fortune]Fortune
- Rent the Runway Stock Surge Shows Investors' Penchant for AI [Yahoo! Finance]Yahoo! Finance
RENT
Earnings
- 4/10/24 - Miss
RENT
Sec Filings
- 4/18/24 - Form 144/A
- 4/12/24 - Form 144
- 4/12/24 - Form 144
- RENT's page on the SEC website