Online styling service Stitch Fix shares vault by 25pc

Business | 13 Mar 2019 9:47 am

Stock traders bid up shares in Stitch Fix in US trade Tuesday after the personal styling service blew past analyst’s expectations for the fourth-quarter. The stock vaulted by 25.2 percent.

Dick’s Sporting Goods’ plunged by 11 percent after the company reported a slide in sales during the fourth quarter and a weak forecast. A key sales figure fell 2.2 percent in the period, worse than what analysts were expecting.-AP

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