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Why Stitch Fix Is Rising This Week

TheMotleyFool

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Shares of Stitch Fix (NASDAQ: SFIX) were rising 8.6% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, rebounding from last week's sharp 23% plunge.

The online fashion subscription service has been largely moving higher all week long on no company-specific news, and on Black Friday, may be benefiting from investor hope that consumers will be looking Stitch Fix's way heading into Christmas.

Image source: Getty Images.

Source Fool.com

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