Online styling service Stitch Fix shares vault by 25pc

Wednesday, March 13, 2019

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