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Why Stitch Fix Stock Fell 11% in July

TheMotleyFool

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Stitch Fix (NASDAQ: SFIX) shareholders trailed a booming market last month as the stock dropped 11% compared to a 5.5% rally in the S&P 500 in July, according to data provided by S&P Global Market Intelligence.

The decline put the online apparel seller back in negative territory for the year, down 12% so far in 2020. It had previously been lower by nearly 60%, though.

Image source: Getty Images.

Source Fool.com

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