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Why Shares of Stitch Fix Are Up Today

TheMotleyFool

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Shares of Stitch Fix (NASDAQ: SFIX) were moving up on Thursday afternoon, as investors looking for retail bargains began snapping up the company's beaten-down shares.

As of 3:30 p.m. EDT, Stitch Fix's shares were up about 14% from Wednesday's closing price.

Stitch Fix's shares have had a rough week and a half. Shares fell sharply after the company's earnings report on March 9, as revenue and guidance both fell short of Wall Street's expectations.

Source Fool.com

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