An increase in earnings buys Stitch Fix Time

Stitch Fix, the fashion subscription service that had been the focus of its initial public offering in November 2017, had a volatile first year as a public company.

The stock rose an average of 19.2% after two-way earnings. It dropped by 33% until 2018, as investors wondered if consumers would continue to pay for updates to their wardrobes. The short-term interest of investors betting against the stock had reached 32.4% of the pact, which was extremely pessimistic.

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