Rent the Runway is engaged in the operation of e-commerce platform with shared designer closet that gives customers access to its subscription offering or the ability to rent a-la-carte through its reserve offering. Co. also gives its subscribers and customers to buy its products through its Resale offering. Co.'s Closet in the Cloud provides items for evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods and kidswear. Co. generates sales from its Subscription, Reserve and Resale offerings. We show 5 historical shares outstanding datapoints in our coverage of RENT's shares outstanding history.
Understanding the changing numbers of RENT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RENT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RENT by allowing them to research RENT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
