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.
