Set as Homepage - Add to Favorites

【X-Deal (2011)】

Source：Evergreen Information Network Editor：Digital Culture Time：2025-06-26 07:02:27

Stitch Fix debuted on X-Deal (2011)the stock market on Friday, and while things didn't go quite as well as expected, they still went pretty smoothly.

The clothing and personal styling subscription service raised $120 million in its initial public offering—making the transition from venture-funded startup to publicly traded on Wall Street—with an opening price of $16.90 a share. In its filing with the Securities and Exchange Commission in October, Stitch Fix expected a price between $18 and $20. Then Thursday night, the company downgraded expectations to $15 a share before opening a little higher Friday. The company sold 8 million shares, another downsizing from its previous 10 million target.

Stitch Fix is now valued at $1.4 billion. After its SEC filing, the company was hailed as an example of responsible management and growth of a startup. Its IPO follows the 2017 tech IPOs of Snap Inc. and Blue Apron, both of which have been pretty disappointing.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

The IPO made Stitch Fix CEO Katrina Lake the only woman to lead a tech IPO this year. About 8 percent of all IPOs this year were led by women, and the other ones were mostly in the pharmaceutical industry.

"I'm thrilled to embark on this next chapter and I'm immensely grateful to everyone who believed in us over the years," Lake wrote on Twitter after the IPO.

Now, it's back to fighting Amazon.

Featured Video For You
This cute, flying robot could be your new bestie

Previous：Against Fear

Next：The 10 Most Anticipated PC Games of 2016

Related Articles
Related Recommendations
Categories
Latest Articles
Popular Articles
Hot Recommendations
Featured Column

Quick Links

Meet Swolebama, the buff Photoshopped version of Obama America needsSteve Kornacki is restoring our faith, one chewed pen at a timeOver 335,000 people are ready to protest if Trump fires Mueller'The Morning Show' Season 2 finale dives into coronavirus storyDiamond and Silk get more time in the spotlight thanks to ZuckerbergChris Evans shares heartwarming video of the first time he met his rescue dogChris Evans shares heartwarming video of the first time he met his rescue dogTamagotchi turns 25 with a nostalgia'Malfunction' review: We're still failing Janet Jackson'Blade Runner' live action TV series is coming, Ridley Scott confirmsNASA's Mars Perseverance rover captures image of an eerie Martian sunsetThousands of Tesla Model X and S vehicles recalled over airbag defectPeople are using 'Far Cry 5' to chill and fish instead of destroying the cultYou won't believe what NYC's commute looked like on this rainy morningBeloved British pub chain quits social media, tells customers to get their news the oldSomeone found the 18thOwls born outside of office window won't stop staring at workers insideMeet Swolebama, the buff Photoshopped version of Obama America needsWhat made the 2018 sitcom 'Single Parents' such good comfort TV?Chris Evans shares heartwarming video of the first time he met his rescue dog Spotify Wrapped 2024: Everything you need to know Best iPad deal: Save $100 on the iPad Air 2024 'Dune: Prophecy': Why isn't the Sisterhood called the Bene Gesserit? Black Friday deal: Sennheiser Accentum headphones for $80 Best laptop deal: Save $200 on an M4 MacBook Pro at Amazon Your Instagram Story Highlights might be moving to the grid Best Apple Pencil Pro deal: Save $30 at Target NYT Connections Sports Edition hints and answers for November 20: Tips to solve Connections #58 Best Apple watch deal: Save $50 on the Apple Watch Series 10 Best coffee machine deal: Save $250 on the De'Longhi La Specialista NYT mini crossword answers for November 18 Best Black Friday gaming headset deal: ASTRO A50 now $209.95 Best Oura ring deal: Save $50 on the Oura Ring 3 As the 2025 TikTok ban deadline looms, here's what we know Best Buy 2024 Black Friday sale: Dates, upcoming doorbusters, and more Best early Black Friday gaming laptop deals: Razer, Asus, and more Black Friday deal: Sennheiser Momentum 4 headphones for under $200 'Dune: Prophecy': What does Tiran Best iPhone camera settings, according to an expert Edmonton Oilers vs. Montreal Canadiens 2024 livestream: Watch NHL for free

2.2566s , 8193.671875 kb

Copyright © 2025 Powered by 【X-Deal (2011)】,Evergreen Information Network  

Sitemap

Top

Quick Links