Rent the Runway Stock Closes Below IPO Price On First Day Of Trading
By Sophia Kunthara, Shares of clothing rental company Rent the Runway ended their first day of trading below the company’s IPO price, closing at $19.29. Rent the Runway’s first day as a public company started off strong. Its stock opened nearly 10 percent above its IPO price on Wednesday, as the New York-based startup began trading[…]