RENT - Rent the Runway runs to over 100% gain after earnings

Rent the Runway ( NASDAQ: RENT ) gained sharply again on Friday, bringing post-earnings gains into the triple digits.

Shares of the Brooklyn-based online fashion company rose 18.35% on Friday as the company’s bullish commentary on consumer bargain hunting continued to bolster optimism. The gain on Friday brings the two-day run for the stock to a staggering 107.4%.

However, it was not the only e-commerce player enjoying a pop on Friday.

ThredUp ( TDUP ) +10.59% , Wayfair ( W ) +4.09% , and Chewy ( CHWY ) +4.41% rounded out other notable internet retail gainers. Shares of the aforementioned e-commerce players on Friday have been beaten down in 2022 and attracted elevated short interest, perhaps adding to outsized gains on the day.

While Etsy ( ETSY ) fell sharply on Friday, it too has enjoyed a rapid comeback as of late. Shares of Etsy ( ETSY ) have jumped 35% in the past month and over 100% from its June lows.

Read more on Chewy’s positive earnings results that helped promote its gain on Friday .

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