Rent The Runway shares are trading lower after the company reported worse-than-expected Q3 revenue results and FY23 revenue guidance below estimates. Also, Barclays lowered its price target from $3 to $2 on the stock.

Rent the Runway, Inc. +18.12%

Rent the Runway, Inc.

RENT

6.65

+18.12%

Rent The Runway shares are trading lower after the company reported worse-than-expected Q3 revenue results and FY23 revenue guidance below estimates. Also, Barclays lowered its price target from $3 to $2 on the stock.
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