Stitch Fix gets a pop in its first day of trading

Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today. The company saw around a 14% pop in its stock when it began trading this morning — benchmark companies tend to look to hit when they go public is around 20% — and fell around the lower bound of the… Read More...