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RENT - Rent the Runway: A Speculative Play On Fashion
April, 20 2022 11:19 PM
Rentrak Corp.
Rent the Runway has a unique business model predicated on the idea that consumers will want to rent clothes via subscription. The firm has accumulated a sizable user base, but performance has been volatile and it is hemorrhaging cash. On the whole, this is a very speculative play and only investors who don't mind that risk should consider buying in. For further details see:
Rent the Runway: A Speculative Play On Fashion
Stock Information
Company Name:
Rentrak Corp.
Stock Symbol:
RENT
Market:
NASDAQ
Website:
renttherunway.com
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