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Why Stitch Fix Stock Was Falling Today

TheMotleyFool

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Shares of personalized online styling service Stitch Fix (NASDAQ: SFIX) took a dive today as part of the broad market crash. Though there was no specific news out on the company, Stitch Fix is scheduled to report second-quarter earnings after hours today, and investors may be especially nervous about the report given the tumult in the market over the coronavirus scare.

As of 11:11 a.m. EDT, Stitch Fix shares were down 9% after falling as much as 13.5% earlier in the session. Meanwhile, the S&P 500 was down 6%.

Image source: Stitch Fix.

Source Fool.com

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