Why Stitch Fix Stock Plummeted on Wednesday
Shares of personalized online apparel company Stitch Fix (NASDAQ: SFIX) were slammed on Wednesday. The stock was down 17% as of 11:20 a.m. EDT.
The stock's decline followed the company's fiscal fourth-quarter results, which featured better-than-expected revenue but highlighted a much wider-than-anticipated loss per share.
Image source: Stitch Fix.
Source Fool.com
