Home World News United States News Stitch Fix just went on a two-day rally, adding more than half a billion in market cap
United States News

Stitch Fix just went on a two-day rally, adding more than half a billion in market cap

Share
stitch fix just went on a two day rally adding more than half a billion in market cap
Share

Stitch Fix just went on a two-day rally, gaining 22 percent and $580 million in market cap since Tuesday’s close.

Shares of the clothing subscription box company gained 12 percent Friday after jumping 9 percent Thursday. The stock closed at a fresh all-time high of $32.41.

Stitch Fix is up nearly 60 percent in the past month and more than 25 percent in 2018.

Stitch Fix curates personalized shipments of clothing and accessories for subscribers. The company went public in November and has seen its stock double in value since, despite some big single-day swings.

Last month, Stitch Fix jumped more than 14 percent on speculation that Oprah Winfrey would be taking a stake in the company. Just two weeks prior, the stock posted its biggest single-day gain, surging more than 26 percent on June 8 following a strong earnings beat.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Kristi Noem & Corey Lewandowski's Rumored Affair Is On The Verge Of Blowing Up His Career
United States NewsPolitics

A Tangled Rumor: How Kristi Noem and Corey Lewandowski’s Story Keeps Hitting Headlines

Kristi Noem and Corey Lewandowski's rumored affair gave the political strategist a...

Jarring Photos Of Donald Trump Prove His Makeup Should Never Be Captured Up Close
United States NewsPolitics

Up Close With Trump’s Makeup: Too Much Bronzer, Not Enough Blending

Donald Trump is the most famous man in the world, so people...

Donald Trump's Boomer Attempt To Copy Mamdani Isn't What It Looks Like
United States NewsPolitics

Trump’s Short-Lived Fashion Flirtation — Not Quite Mamdani, But Close Enough to Notice

Social media was buzzing at the possibility that Donald Trump was trying...

Kristi Noem's Rumored Lover Corey Lewandowski Signals He's Tired Of Being In Her Shadow
United States NewsPolitics

Corey Lewandowski’s Next Move — Or Maybe Not: A Closer Look

Corey Lewandowski may have his eye on a new role, but the...