From rags to riches, Rent the Runway goes from penny stock to quadrupling share prices in days after doubling down on AI

After several rocky quarters of navigating pandemic-era fallout, fashion e-commerce platform Rent the Runway is flying high, thanks to its restructuring efforts—and its decision to lean into AI. The company's stock quadrupled this week after it reported optimistic earnings on Wednesday, hovering…#rentrunway #runway #rentlook #jenniferhyman #urbanoutfitters #nataliemcgrath #cmo #miami #iphone #twilio

Source: Reuters: Health - April 12, 2024 Category: Consumer Health News Source Type: news