3 Reasons Stitch Fix Still Has Huge Upside Potential
Stitch Fix (NASDAQ: SFIX) has long been a battleground stock.
Nearly 40% of the float is sold short, and shares of the personalized online styling service almost always move by double digits following its earnings reports.
That pattern was on display after the latest round of results this week, even though the company easily beat top-line estimates and also posted a narrower loss than expected after adjusting for a special tax expense, though investors seem to be judging it based on generally accepted accounting principles (GAAP).
Source Fool.com
