BUZZ-Rent the Runway shares hit highest since December after results, outlook

Reuters

2025/06/07

** Shares of Rent the Runway RENT.O were up 28% and earlier hit their highest level since December 10 after the e-commerce platform reported qtrly results and gave an outlook late Thurs

** RENT also on track for its biggest daily pct gain since March

** The stock was last at $8.63

** "Rent the Runway is in the midst of a multi-year corporate strategy transformation, and we believe that the changes we've introduced in the first quarter of 2025 have started driving meaningful improvement," the company said in its earnings release

** Including the session move, RENT is up 1% YTD roughly even with the YTD gain in the Nasdaq .IXIC

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

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