The market is down again this morning… keep it in the back of your mind that the FDA is meeting Thursday and Friday to approve the vaccine… expect an announcement maybe Friday or Monday.
$SFIX What do they do – You have a Stitch Fix subscription and from there you can order a package of say 5 articles of clothing randomly tailored for you based on your preferences. You get to try it on all the clothes and if you want to keep any of them then you buy them for a discount. If you don’t like some of the clothing they picked out for you then you can ship it back.
Stitch Fix business’ model is fit for the pandemic, but they haven’t skyrocketed like other tech names have… until today. They beat earnings on the bottom line by a ton. Expected was a -.20 cent loss and instead churned out a .09 cent gain. Shares are flying this morning