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

In Tuesday's after-market session, several consumer discretionary stocks showed notable movements. Gainers included Nerdy, Big 5 Sporting Goods, Yoshitsu Co, Express, Rent the Runway, and BARK with increases ranging from 3.87% to 5.0%. On the downside, Nordstrom, America's Car-Mart, Color Star Tech, Visionary Holdings, American Public Education, and Fitell experienced declines between 3.01% and 9.3%, with Nordstrom and American Public Education specifically reacting to their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 9:31 pm

In Monday's after-market session, several consumer discretionary stocks showed notable movements. Aterian, Fossil Group, Interactive Strength, Rent the Runway, EpicQuest Education Group, and Newegg Commerce were among the gainers, with increases in their stock prices. On the other hand, ThredUp, Stitch Fix, BowFlex, BurgerFi International, Cato, and AMMO experienced declines, with ThredUp and Stitch Fix specifically reacting to their earnings releases.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

In Wednesday's after-market session, several consumer discretionary stocks showed notable movements. Jeffs Brands, Kidpik, Rent the Runway, Workhorse Gr, Leslies, and Zapp Electric Vehicles were among the gainers, with increases ranging from 3.46% to 12.1%. On the downside, Rivian Automotive, Lucid Gr, JX Luxventure, Camping World Holdings, Etsy, and Cango experienced declines between 5.05% and 15.6%, with Rivian, Lucid, Camping World, and Etsy's drops attributed to their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:31 pm

In Monday's after-market session, several consumer discretionary stocks showed notable movements. Rent the Runway, Greenlane Holdings, EZGO Technologies, MGO Global, Goodyear Tire & Rubber, and ContextLogic were among the gainers, with increases in their share prices. On the downside, Express, 2U, Delta Apparel, Kaixin Auto Holdings, Secoo Holding, and SRIVARU Holding experienced declines. Notably, Goodyear Tire & Rubber and 2U released their Q4 earnings reports, and Delta Apparel released its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 9:31 pm

In Friday's intraday session, several consumer discretionary stocks saw significant movements. Notably, Golden Sun Education Gr (GSUN) and Deckers Outdoor (DECK) were among the top gainers, with GSUN shares up 22.8% and DECK shares up 16.26% following their Q3 earnings report. On the losing end, Faraday Future (FFIE) and Express (EXPR) saw notable declines, with FFIE shares down 12.5% and EXPR shares down 11.44%. Amazon.com (AMZN) also rose by 8.09% after its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 5:31 pm

In Wednesday's after-market session, several consumer discretionary stocks saw movement. Kaixin Auto Hldgs, Rent the Runway, Golden Heaven Group Hldgs, PetMed Express, Boqii Holding, and Cedar Fair experienced gains, while Volcon, J-Long Group, Boot Barn Holdings, Canoo, Connexa Sports Techs, and SRIVARU Holding saw declines. Notably, Boot Barn Holdings' stock drop followed their Q3 earnings report.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:31 pm

In Wednesday's after-market session, several consumer discretionary stocks experienced movement. Educational Development (EDUC) saw an 8.3% increase after its Q3 earnings report 4 days ago. Rent the Runway (RENT) rose by 5.23%, while Kaixin Auto Hldgs (KXIN), Latham Group (SWIM), and Fitell (FTEL) also saw gains. Conversely, E-Home Household Service (EJH), Rush Street Interactive (RSI), SRIVARU Holding (SVMH), Winnebago Industries (WGO), Workhorse Gr (WKHS), and Volcon (VLCN) experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 9:31 pm

Piper Sandler has downgraded Rent the Runway (NASDAQ:RENT) from its previous rating to Neutral, with a new price target of $0.75, down from $2.00. Despite the downgrade, RENT shares have risen 5.48% in the last 24 hours to $0.56. The new price target suggests a potential upside of 33.93% from the current share price. Rent the Runway operates an e-commerce platform for renting, subscribing to, or buying designer apparel and accessories.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:00 pm

Piper Sandler analyst Edward Yruma has downgraded Rent the Runway (NASDAQ:RENT) from Overweight to Neutral and reduced the price target from $2 to $0.75.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:40 am

Rent The Runway's stock (RENT) is trading lower following a downgrade by Wells Fargo from Overweight to Equal-Weight, with a new price target set at $0.6.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:49 pm

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