Streetbeat News

RENT

Rent the Runway, Inc.

https://www.renttherunway.com

Industry

Apparel - Retail

Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.

Open

9.65

Mkt cap

36M

Volume

46K

High

9.70

P/E Ratio

-0.38

52-wk high

41.81

Low

9.12

Div yield

N/A

52-wk low

4.46

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Portfolio Pulse from Avi Kapoor

May 02, 2024 | 9:43 am

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Portfolio Pulse from Benzinga Insights

April 29, 2024 | 4:31 pm

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Portfolio Pulse from Benzinga Insights

April 29, 2024 | 12:07 pm

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Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:45 pm

In Monday's intraday session, 12 consumer discretionary stocks showed significant movement. Kaival Brands Innovations and Snap One Holdings were among the top gainers, with shares rising 206% and 30.34% respectively. On the losing end, J-Long Group and Cazoo Gr experienced declines of 23.1% and 16.88%. Notably, Kidpik and Rent the Runway released their Q4 earnings three days ago, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 4:31 pm

Rent The Runway shares resumed trading after a circuit breaker halt. This indicates a significant trading activity or price movement.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:43 pm

In Monday's pre-market session, there were notable movements in the consumer discretionary sector. Snap One Holdings, Phoenix Motor, and Kaival Brands Innovations were among the top gainers, with Snap One Holdings leading with a 31.1% increase. On the downside, Kaixin Holdings, ZHONGCHAO, and Lixiang Education Holdings were among the biggest losers. Rent the Runway and Digital Brands Group also reported their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

JPMorgan Chase & Co. shares fell by 5.1% despite beating first-quarter earnings and revenue expectations, with other stocks experiencing significant movements in Friday's mid-day session. Notable gainers include PaxMedica, EZGO Technologies, and Allarity Therapeutics, among others, with various reasons for their stock movements. Conversely, several companies faced declines, such as Motus GI Holdings, Lixiang Education, and Monogram Orthopaedics, each with specific challenges impacting their stock prices.

Portfolio Pulse from Avi Kapoor

April 12, 2024 | 6:47 pm

Benzinga's Stock Whisper Index highlights five stocks: Rent the Runway (RENT), Rallybio Corp (RLYB), Constellation Energy Corp (CEG), Roblox Corp (RBLX), and Chipotle Mexican Grill (CMG). RENT's stock soared with positive Q4 results and guidance. RLYB shares jumped after a development agreement with Johnson & Johnson (JNJ). CEG's stock is up 148% over the past year, with strong Q4 results. RBLX is gaining interest ahead of Q1 results, partly due to a new advertising strategy with PubMatic Inc (PUBM). CMG's stock is near all-time highs, with a proposed 50-for-1 stock split.

Portfolio Pulse from Chris Katje

April 12, 2024 | 3:26 pm

Goldman Sachs analyst Alexandra Steiger maintains a Buy rating on Rent the Runway (NASDAQ:RENT) but lowers the price target from $40 to $28.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 2:13 pm

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