Why Stitch Fix, Inc. Stock Climbed Today

Shares of Stitch Fix, Inc. (NASDAQ: SFIX) were gaining again today after enthusiasm continued to build for the recent IPO. The personalized online shopping service has gained over each of the last four sessions after the stock closed nearly flat on November 17 from its $15 IPO price. Today, the stock was up 16.5% as of 2:57 p.m. EST.

Though there was no news out on the stock today, excitement over Black Friday and Cyber Monday seemed to be pushing the shares higher as other retailers rose as well.

The scene from Stitch Fix's IPO at the Nasdaq. Image source: Stitch Fix.

Source: Fool.com