** 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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