Mid-Afternoon Market Update: Nasdaq Rises 70 Points; Stitch Fix Shares Slide
Toward the end of trading Wednesday, the Dow traded down 0.08% to 35,692.63 while the NASDAQ rose 0.45% to 15,757.04. The S&P also rose, gaining 0.12% to 4,692.41.
Stitch Fix Whale Trades For December 08
A whale with a lot of money to spend has taken a noticeably bullish stance on Stitch Fix.
Looking at options history for Stitch Fix (NASDAQ:SFIX) we detected 10 strange trades.
35 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Insignia Systems, Inc. (NASDAQ: ISIG) shares jumped 79% to $18.63. Insignia Systems recently announced the commencement of a formal process to explore strategic options to maximize shareholder value, including potential merger or acquisition.
What 14 Analyst Ratings Have To Say About Stitch Fix
Within the last quarter, Stitch Fix (NASDAQ:SFIX) has observed the following analyst ratings:
Truist Securities Maintains Buy on Stitch Fix, Lowers Price Target to $40
Truist Securities analyst Youssef Squali maintains Stitch Fix (NASDAQ:SFIX) with a Buy and lowers the price target from $46 to $40.
Why Stitch Fix Shares Are Tumbling Today
Stitch Fix Inc (NASDAQ: SFIX) is trading significantly lower Wednesday after the company announced its fiscal first-quarter 2022 financial results and issued guidance below estimates.
Wells Fargo Maintains Underweight on Stitch Fix, Lowers Price Target to $14
Wells Fargo analyst Ike Boruchow maintains Stitch Fix (NASDAQ:SFIX) with a Underweight and lowers the price target from $35 to $14.
Canaccord Genuity Maintains Buy on Stitch Fix, Lowers Price Target to $38
Canaccord Genuity analyst Maria Ripps maintains Stitch Fix (NASDAQ:SFIX) with a Buy and lowers the price target from $50 to $38.
