Stitch Fix up just 1% on first day of trading, after reducing size of IPO

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 Stitch Fix went up just 1 percent on its first day of trading. After pricing at $ 15, the company closed at $ 15.15. It’s also below the opening trade of $ 16.90. The company didn’t raise as much money as it had been hoping for. It raised $ 120 million, after pricing at $ 15, below the expected range of $ 18 to $ 20. The company also reduced the size of its IPO from 10 million shares to… Read More
Fundings & Exits – TechCrunch

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