|Bid||4.5300 x 3200|
|Ask||4.5800 x 2900|
|Day's Range||4.1000 - 4.5800|
|52 Week Range||3.7200 - 37.8200|
|Beta (5Y Monthly)||1.96|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of clothing e-commerce company Stitch Fix (NASDAQ: SFIX) soared on Tuesday after rival company Poshmark was acquired for $1.2 billion. As of 12:15 p.m. ET, Stitch Fix stock was up 15%. Poshmark has generated less than $350 million in trailing-12-month revenue, whereas Stitch Fix has generated over $2 billion.
Investors this year have had a bleak outlook on Stitch Fix (NASDAQ: SFIX) stock. Management tried to put a positive spin on the declines, which are partly due to wider headwinds affecting many e-commerce stocks, but even an eventual rebound in the industry might not be enough to turn Stitch Fix back into a growth stock. Stitch Fix twice lowered its annual sales guidance for fiscal 2022, but growth was still disappointingly weak through late July.
Today is shaping up negative for Stitch Fix, Inc. ( NASDAQ:SFIX ) shareholders, with the analysts delivering a...