The results weren’t powerful enough to ease investor concerns about the company’s capacity to undertake Amazon.
Stitch Fix, a subscription-based private shopping assistance, initially saw its stock tick up on the earnings beat before plunging 20 percent to $35.02 per talk, its lowest price in more than a month.
The post Stitch Fix Shares Slide 20% Amid Growing Concerns About Amazon Competition appeared first on Retailnewsfeed.com.
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