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Rent the Runway rises and then falls in trading debut

(Bloomberg)—Rent the Runway Inc., No. 311 in the 2021 Digital Commerce 360 Top 1000, rose as much as 18% in its trading debut before sinking below the price in its upsized initial public offering, which still gave its valuation a boost from the depths of the coronavirus pandemic. The company’s shares, which sold for $21 […]

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