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November 17, 2017 03:40 pm GMT
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 15% pop in its stock when it began trading this morning — the benchmark companies tend to look to hit when they go public is around 20% — and fell around the lower bound of… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lxKY1R7RNPg/
Stitch Fix gets a pop in its public trading debut
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 15% pop in its stock when it began trading this morning — the benchmark companies tend to look to hit when they go public is around 20% — and fell around the lower bound of… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/lxKY1R7RNPg/
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