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.

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Source Fool.com