Rent the Runway ( (RENT) ) just unveiled an update.
On February 28, 2025, Emil Michael resigned from Rent the Runway’s Board of Directors, effective March 1, 2025, with no disagreements cited regarding company operations. Additionally, on February 27, 2025, the Board’s Compensation Committee approved a cash retention bonus program for fiscal year 2025, aimed at incentivizing executive officers and other eligible participants based on company performance metrics and continued service.
More about Rent the Runway
Rent the Runway, Inc. operates in the fashion industry, providing clothing rental services primarily focused on designer apparel and accessories. The company targets fashion-conscious consumers who seek variety and sustainability in their wardrobe choices.
YTD Price Performance: -48.30%
Average Trading Volume: 70,121
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $18.32M
Find detailed analytics on RENT stock on TipRanks’ Stock Analysis page.