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RENT - Rent the Runway: Rent Instead Of Buy?
February, 24 2022 01:03 PM
Rentrak Corp.
Rent the Runway has seen a disastrous time since its public offering recently. I feared the sustainability of the business model at the time of the IPO. After shares have seen a 70% pullback in just a few months, I still have doubts, but the price action has partially de-risked the thesis. For further details see:
Rent the Runway: Rent Instead Of Buy?
Stock Information
Company Name:
Rentrak Corp.
Stock Symbol:
RENT
Market:
NASDAQ
Website:
renttherunway.com
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