Rent the Runway Stock Surge Shows Investors' Penchant for AI [Yahoo! Finance]
Rent the Runway, Inc. - Class A (RENT)
Company Research
Source: Yahoo! Finance
More from Sourcing Journal Experts at SPESA Conference Say AI Will Help, Not Harm, Supply Chain Amid Consumer Demand for Personalization, SAP Emarsys Pilots New AI Tool Copyright Clarity: New Bill May Force Developers to Divulge Works Used to Train AI Models The surge comes as investors scour for chances to put their cash behind the artificial intelligence hype train. Rent the Runway's CEO, Jennifer Hyman, said on an investors' call Thursday that the brand has used the technology to bolster consumer experience. “In 2023, we made major strides on site performance and speed across all of our surfaces, and we made it easier for users to find inventory they love via enhanced discovery features like Rent the Look, AI search, new filtering and upgraded photography and styling,” she explained. A number of the mentioned features seem to allow the company to double-click on personalization , which brands and retailers have agreed could be a transformational use case for AI technol
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RENT
News
- Rent the Runway to Participate in Upcoming Investor ConferencesGlobeNewswire
- Rent the Runway, Inc. (NASDAQ: RENT) had its price target raised by analysts at JMP Securities from $20.00 to $40.00. They now have a "market outperform" rating on the stock.MarketBeat
- Rent the Runway, Inc. Announces First Quarter 2024 ResultsGlobeNewswire
- Rent the Runway to Report First Quarter 2024 Results on June 6, 2024GlobeNewswire
- What Rent the Runway's 360% stock surge reveals about the future of AI in fashion [Yahoo! Finance]Yahoo! Finance
RENT
Earnings
- 6/6/24 - Beat
RENT
Sec Filings
- 6/20/24 - Form 144/A
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- RENT's page on the SEC website