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Stock impact report

Prediction: This Fashion Retail Stock Is Down 97% From Its Highs, and It Might Be Acquired Within the Next Year. Here's Why. [Yahoo! Finance]

Stitch Fix, Inc. - Class A (SFIX) 
Last stitch fix, inc. - class a earnings: 3/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.stitchfix.com
Company Research Source: Yahoo! Finance
During the peak days of the COVID-19 pandemic, people around the world increasingly adopted a work-from-home environment and began finding new ways to entertain themselves when duty wasn't calling. One such area was the stock market. Stocks across all industry sectors ebbed and flowed for reasons completely detached from reality. In many ways, the stock market became a digital casino, and many unsuspecting investors learned a hard lesson: Stocks don't go up forever. One stock that witnessed unparalleled highs during the pandemic's height was online fashion retailer Stitch Fix (NASDAQ: SFIX) . What was once a stock trading for $106 per share now sits at just $2.74 -- down 97% from its highs. Below, I explore the rise and fall of Stitch Fix and make the case for why I think the company is a solid acquisition candidate for the right partner. This chart explains it all The chart below illustrates Stitch Fix's quarterly revenue since going public. During its first few years as a Show less Read more
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