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2023-03-23 11:37:32 ET Gainers: Dada Nexus Limited ( DADA ) +12% . Rent the Runway ( RENT ) +10% . On Holding ( ONON ) +10% . Zedge ( ZDGE ) +10% . Bilibili ( BILI ) +10% . Losers: Movado Group ( MOV ) -14% . ...
NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its fourth quarter and fiscal year 2022 financial results for the quarter and year ended January 31, 2022 on Wednesday, April 12, 20...
2023-03-21 15:31:44 ET Summary Farfetch’s share price plummeted because investors were scared by its underperformance and delayed profitability path. Our analysis shows that underperformance was mainly caused by the macroeconomy and not company-specific mistakes. The pr...
2023-03-06 11:00:41 ET Rent the Runway ( NASDAQ: RENT ) announced on Monday that it is permanently adding an extra item to every shipment made under its rental subscription program. The company said that the inclusion of an extra item is part of the e-commerce compan...
NEW YORK, March 06, 2023 (GLOBE NEWSWIRE) -- Rent the Runway , Inc. (“Rent the Runway” or “RTR”) (Nasdaq: RENT), the world’s first and largest shared designer closet, today announced that it is evolving its customer experience by permanently adding an ex...
Summary Rent the Runway's rental and resale model positions it well to take share from traditional retailers in the ∼$300 billion U.S. apparel market. The company’s ability to convert existing reserve and resale customers to subscribers while attracting new consumers is ke...
Summary Rent the Runway continues to post strong sales growth, thanks to a rise in the number of subscribers year-over-year. Bottom line results are also improving, but they are far away from where they need to be. For now, I believe there are better prospects to be had, but the fir...
Summary RENT has been making moves to improve its margins and cost structure. However, its high-interest debt is somewhat onerous. As such, RENT is a highly speculative stock. Rent the Runway ( RENT ) is improving its margins and cost structure to become a better busin...
Summary Covid lockdowns proved to be a decisive moment for Reitmans. Reitmans strategically entered CCAA protection and restructured their business. We think the stock will see a massive re-rating in 2023. The following segment was excerpted from this fund letter ...
Many investors are likely reluctant to buy stocks again after the market's dismal performance in 2022. However, ignoring stocks altogether is usually the wrong move when so many high-quality stocks are still on sale. So today, I'll examine three promising stocks -- Amazon (NASDAQ: AMZN) ,...
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2024-06-27 02:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
A look at the top 10 most actives in the United States Nauticus Robotics Inc. (KITT) rose 37.3% to $0.317 on volume of 134,973,743 shares Trio Petroleum Corp. (TPET) rose 68.7% to $0.3881 on volume of 87,486,076 shares Kaixin Holdings (KXIN) rose 32.2% to $0.1835 on volume of 59,163,865 s...
Exceeded Revenue and Adjusted EBITDA Guidance for Q1 2024. Improved Business Momentum in Q1 2024. Record Low Quarterly Cash Consumption in Q1 2024. Reiterates Expectation for Revenue Growth and Free Cash Flow Breakeven in FY 2024. NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- Rent the...