Why Stitch Fix Stock Plunged Today
Shares of Stitch Fix (NASDAQ: SFIX) were plunging after the personalized online styling service turned in disappointing results in its fiscal second quarter, missing both analyst estimates and the company's own guidance. The company also lowered its full-year guidance, adding to investor concerns.
The stock was down 27.2% as of 10:38 a.m. EDT.
Source Fool.com