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Friday, September 20, 2024

Rent the Runway is on track for its best week ever after putting up meme-stock-like gains, but the stock is still way down overall

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Rent the Runway Inc., an online clothing-rental platform whose stock has plummeted over the past three years as it wrangles debt and weaker clothing demand, is up some 360% this week, putting shares on pace for their best week on record.



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