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Rent The Runway Stock Crashes After Q2 Report: Details

Rent The Runway, Inc. RENT stock plunged after the released its second-quarter results after Thursday's closing bell. Here's a look at the details in the report. RENT stock is plunging. See the real-time price action here.The Details: Rent the Runway reported wider-than-expected quarterly losses of 6.55pershare,comparedtotheanalystestimateforlossesof6.55 per share, compared to the analyst estimate for losses of 5.48. Quarterly revenue came in at 80.9millionwhichbeatthe80.9 million which beat the 75.5 million analyst estimate. Read Next: Opendoor Returns To ‘FounderMode’—Stock ...