Why Stitch Fix Is Rising This Week
Shares of Stitch Fix (NASDAQ: SFIX) were rising 8.6% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, rebounding from last week's sharp 23% plunge.
The online fashion subscription service has been largely moving higher all week long on no company-specific news, and on Black Friday, may be benefiting from investor hope that consumers will be looking Stitch Fix's way heading into Christmas.
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Source Fool.com
