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Reading: Rent the Runway Shares Fall in Public Market Debut
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The Wall Street Publication > Blog > Markets > Rent the Runway Shares Fall in Public Market Debut
Markets

Rent the Runway Shares Fall in Public Market Debut

Editorial Board Published October 27, 2021
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Rent the Runway Shares Fall in Public Market Debut
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Rent the Runway Inc. ‘s shares fell roughly 8% in their market debut on Wednesday as the clothing-rental business closed below its initial public offering price.

Chief Executive Jenn Hyman has expressed confidence that the clothing-rental business is making a comeback, with the company expanding its offerings in response to shifting consumer preferences from the Covid-19 pandemic.

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