In its first earnings report since its IPO, Rent the Runway said it added subscribers and grew revenue and gross margins during the third quarter, but its net loss almost doubled.

Topics:  ipo   rent   runway   earnings   
BING NEWS:
  • Rent the Runway is on track for its best week ever after putting up meme-stock-like gains, but the stock is still way down overall
    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 ...
    04/12/2024 - 8:46 am | View Link
  • Rent the Runway Stock Is Up More Than 100% Today
    Rent the Runway, the online clothes rental company, went public in 2021 with a market capitalization of over $1 billion. Now, its market cap hovers around $63 million after it released fourth-quarter ...
    04/11/2024 - 12:49 pm | View Link
  • Stock market today: Wall Street falls after hot inflation report
    Traders sharply ... to make stock prices look more reasonable. The hope on Wall Street is that the resilient U.S. economy could help prop up profits, even if it does diminish hopes for rate cuts. Big ...
    04/10/2024 - 9:06 am | View Link
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