5 Investors Betting Big on Rent the Runway (RENT) Stock

Sometimes struggling stocks can quickly turn around, demonstrating astronomical gains. This week, Rent the Runway (NASDAQ:RENT) has achieved exactly such a feat. The fashion rental and retail innovator recently reported fourth-quarter earnings. Although the company failed to meet Wall Street estimates, its impressive Q4 revenue came in at $75.8 million, finishing well above the $74.1 million analysts had predicted. Even with mixed results, RENT stock closed up by more than 160% today. It’s safe to say that ...