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Stitch Fix spikes more than 17% after IPOing (SFIX)

Stitch Fix began trading under the SFIX ticker on Friday and initially priced its shares at $15 each.

  • Stitch Fix began trading under the ticker "SFIX" on Friday.
  • The company priced its shares at $15 apiece, and is now trading up 16.4% at $17.46.
  • It has been profitable in each of the last two years and expects to bring in $1 billion in revenue in 2017.
  • The service boasts 2.2 million active clients.

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