Stitch Fix shares plunge over 24 percent on surprise holiday loss

Stitch Fix’s financials need a makeover. Shares of the mail-based clothing service plunged by more than 24 percent on Tuesday after it swung to a $21 million loss in its most recent quarter from an $11.4 million profit a year ago and a $9.4 million profit in the previous quarter. Blaming shipping snafus and a...

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