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Consumer discretionary stocks moved higher on Tuesday as some of the worst-case economic fears slowly starting to recede. Economists think some macro data will be improving over the next few months and current inflation forecasts show a moderation. Expectations of more Federal Reser...
Gainers: Avidity Biosciences ( RNA ) +7% . Tritium DCFC ( DCFC ) +5% . Conduent ( CNDT ) +5% . Kura Oncology ( KURA ) +4% . Rent the Runway ( RENT ) +3% . Losers: AvePoint ( AVPT ) -5% . PriceSmart ( P...
eCommerce stocks have been a painful place for investors to be positioned throughout the first half of 2022. Headline names like Shopify ( NYSE: SHOP ), Etsy ( NASDAQ: ETSY ), Revolve Group ( NYSE: RVLV ), and Wayfair ( NYSE: W ) that were adored as p...
Despite deep drawdowns for the sector as many pandemic restrictions have come down across the globe, Raymond James is advising clients that eCommerce is full of opportunity. In a new initiation note released on Thursday, equity analyst Rick Patel assigned “Buy”...
As consumers come under a myriad of pressures, Morgan Stanley has pinpointed stocks to focus on as spending habits shift. In a new research report co-authored by 22 analysts, the bank outlined the stocks best positioned to “weather a storm” based upon both historical and proprie...
NEW YORK, June 15, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor events: The Jefferies Consumer Conference, to be held in Nantucket, MA. Management will participate in ...
A key question for investors eyeing the eCommerce space is one of whether the pain in the sector is finally coming to a close. After significant declines through the first half of 2022, many of those already invested in the space will certainly hope so. For example, high-multiple internet ret...
Rent the Runway’s (NASDAQ:RENT) post earnings gain may have been erased amid a broader market selloff, but analysts are nonetheless optimistic on the trajectory for the stock. For the first quarter, the online retailer beat estimates on top and bottom lines while significantly growing ...
Disney (DIS) took another step down in Friday's midday action, as leadership drama at the entertainment giant propelled the latest retreat in a downtrend that has marked most of June so far. Meanwhile, Illumina (NASDAQ:ILMN) also lost ground on management uncertainty, with the stock dropping ...
Rent the Runway, Inc. (RENT) Q1 2022 Earnings Conference Call June 9, 2022 16:30 ET Company Participants Janine Stichter - Vice President of Investor Relations Jen Hyman - Co-Founder, Chairman & Chief Executive Officer Scarlett O’Sullivan - Chief Financial Officer Conference Call P...
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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...