Why Shares of Stitch Fix Are Up Today

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. 

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Source Fool.com