Almost 2 Years Ago
1 Min Read

SFIX is making big moves today. Find out why the stock is trading 20% higher:



Shares of Stitch Fix Inc (SFIX) are trading 20% higher at a price of $6.16 at the time of this writing. Stitch Fix's director, Bill Gurley, bought a sizable chunk of shares (roughly 1 million) of the embattled retailer.

Stitch Fix Inc has been trading between a 52-week high of $60.32 and a 52-week low of $4.66. The stock has a market cap of $510 Million.

Stitch Fix is an online personal styling service that is reinventing the shopping experience by delivering one-to-one personalization to our clients through the combination of data science and human judgment. Stitch Fix was founded in 2011 by CEO Katrina Lake. Since then, we've helped millions of women, men, and kids discover and buy what they love through personalized selections of apparel, shoes, and accessories, curated by Stitch Fix stylists and algorithms.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

datmitsukosmile - 1 upvotes - source
SFIX is hottttt