3 Must-See Metrics Behind Stitch Fix's Soaring Stock Price
Shares of personalized online apparel company Stitch Fix (NASDAQ: SFIX) skyrocketed on Tuesday. The stock jumped an impressive 39% to a new all-time high. Year to date, shares have now nearly doubled.
Investors have applauded the company's resilience during a pandemic this year. In addition, the company's just-posted fiscal first-quarter results -- the reason for the stock's big gain on Tuesday -- highlighted accelerated growth in active clients and a promising outlook from management.
Here's a closer look at some of the most encouraging metrics from management's business update this week.
Source Fool.com