$Rent the Runway, Inc.(RENT)$ Classic Short Squeeze. Congrats to anyone who owns this stock: Only 3.39 million shares outstanding, 11.58 short ratio and over 12% of float short. Avg Volume 100,000, the volume 21 million. Stock opened at $9.89. I missed out LOL The Day Trader's are loving RENT today. If any newbie investor's ever want to see what a classic short squeeze looks like RENT is an example...
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
