Why Rent-A-Center Jumped 13.1% in January
Shares of Rent-A-Center (NASDAQ: RCII) rose 13.1 % in January, according to data provided by S&P Global Market Intelligence, on no specific news, but analysts are becoming more bullish about the rent-to-own specialist as it continues to expand its fintech capabilities.
The growth continues a trend that was evident throughout 2020 as shares rose 33%. However, Rent-A-Center has been on this trajectory for the better part of three years, as CEO Mitch Fadel has returned to reorganize and remake the company into a digital leader in the rent-to-own space.
Image source: Rent-A-Center.
Source Fool.com