Run Far Away From Rent the Runway Stock. It's an Investor Trap.
Rent the Runway(RENT) Investor Place·2024-06-05 18:25
Here’s what’s going on with Rent the Runway (NASDAQ:RENT). Some traders are desperately looking for the next red-hot meme stock or the next artificial intelligence stock. Targeting Rent the Runway stock is a terrible idea that will rob investors of their capital.Just to recap, Rent the Runway allows people to rent clothing online. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, observed “strong buying pressure on a low float stock” when the Rent the Runway share price soared earli ...