NASDAQ:RENT

Rent the Runway Up Ahead of Earnings with Traders Watching CEO Change
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Rent the Runway Up Ahead of Earnings with Traders Watching CEO Change

Rent the Runway shares rose 2.9% to $3.97 in midday Nasdaq trading Thursday ahead of its June 3 earnings report and leadership changes. Jennifer Hyman recently stepped down as CEO, with Teri Bariquit named interim chief. The company kept its 2026 guidance after CFO Siddharth Thacker’s resignation. Rent the Runway ended fiscal 2025 with 143,796 active subscribers, up 20% from a year earlier.
May 28, 2026

Stock Market Today

  • ASX Shares Telix Pharmaceuticals and Catalyst Metals Could Rebound Up to 200% After Thursday's 1.4% Index Fall
    May 28, 2026, 5:09 PM EDT. The S&P/ASX 200 Index dropped 1.4% Thursday amid inflation and geopolitical tensions. Telix Pharmaceuticals (TLX) and Catalyst Metals (CYL) shares hit near 52-week lows, down 4% and over 7% respectively. Brokers Bell Potter and Morgans suggest significant upside potential: Telix targets of A$19 to A$24.33 imply 45%-88% gains bolstered by FDA milestones and partnerships. Catalyst Metals, near a 52-week low of A$4.96, has a 12-month target of A$15.13, indicating potential gains of over 200%, supported by strong cash flow and exploration progress. The decline could offer buy-low opportunities as experts highlight firm fundamentals despite short-term market volatility.