Stitch Fix’s stock is on pace for its worst drop ever. Here’s what has analysts worried.

Date:

Share post:




Shares of Stitch Fix Inc. plunged toward their biggest percentage drop on record Wednesday, after the online styling service’s quarterly results a day earlier amplified investors’ worries about the pace of its turnaround effort amid a prolonged stretch of weaker clothing demand.



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

The world’s biggest dividend has just been cut. Here’s why.

Published: March 4, 2025 at 3:51 a.m. ETSaudi Arabian Oil Co. has slashed its massive dividend payout —...

The winner of EA’s ‘Madden’ videogame tournament will get more prize money than the NFL’s Super Bowl champions

Last Updated: March 3, 2025 at 10:21 p.m. ETFirst Published: March 3, 2025 at 4:58 p.m. ETKids who are...

Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works

Acquisition by Sycamore Partners could be announced this week, WSJ reportsPublished: March 3, 2025 at 9:14 p.m. ETDrugstore...

U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on ‘America First’

Last Updated: March 3, 2025 at 7:13 p.m. ETFirst Published: March 3, 2025 at 6:16 p.m. ETIt might go...

Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels

Last Updated: March 3, 2025 at 6:49 p.m. ETFirst Published: March 3, 2025 at 4:03 p.m. ETNvidia Corp.’s stock...

Why bitcoin bulls aren’t happy about Trump’s plans for something they’ve long wanted: a crypto reserve

Published: March 3, 2025 at 5:34 p.m. ETA backlash over President Donald Trump’s plan to include three small...

Okta delivers what some of its bigger peers couldn’t: a rosy outlook

Published: March 3, 2025 at 4:38 p.m. ETNot all software companies are giving upbeat guidance these days, but...

What record levels of uncertainty mean for the stock market

Published: March 3, 2025 at 3:24 p.m. ETContrarians see a silver lining in the Global Economic Policy Uncertainty...