Stitch Fix debuted on American classic porn movie Hot Lunch (1978)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.
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.
This Tweet is currently unavailable. It might be loading or has been removed.
"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.
The Made in America iPhone: How much would it cost?
James Salter on His Early Experiences with The Paris Review
On Taylor Swift’s Passive
Tough Cookies, and Other News
4GHz CPU Battle: AMD 2nd
Drawings of Ambrose Bierce’s Bitter, Misanthropic Epigrams
A Day at an Upper West Side Bank
Beelzebub's Closeup, and Other News
Instagram tests Storylines, a collaborative twist on Stories
Listen: An Archival Interview with Czeslaw Milosz
Big-League Bluster
Ishion Hutchinson on His Poem “The Difference”
Beware the Mineshaft of Books
Growing Up With Obsessive
NYT Strands hints, answers for April 26
Beelzebub's Closeup, and Other News
The Enlightenment Is Like a Centaur—and We Must Kill It!
Cy Twombly and Matthias Pintscher at the Morgan Library
Sabalenka vs. Svitolina 2025 livestream: Watch Madrid Open for free
Beware the Mineshaft of Books
Xiaomi CEO Lei Jun awards one million yuan scholarship at Wuhan University · TechNodeChina approves 129 domestic online games in March, a new monthly high since 2023 · TechNodeJD.com raises salaries and grants stock to Dada employees · TechNodeTencent upgrades Yuanbao AI with selfNIO CEO sees gross margin to recover in Q2 · TechNodeLenovo, HP, and Dell explore manufacturing facilities in Saudi Arabia · TechNodeChina approves 129 domestic online games in March, a new monthly high since 2023 · TechNodeDeepSeek founder Liang Wenfeng joins global billionaires list · TechNodeByteDance launches Trae AI IDE in China with DoubaoDeepSeek upgrades V3 model with more parameters, openChinese boba tea chain Chagee files for US IPO, reports rapid expansion · TechNodeSMIC’s 2024 revenue hits record high, but net profit declines · TechNodeVivo launches robotics lab, focuses on AI and vision for home robots · TechNodeAgiBot unveils Lingxi X2, an advanced humanoid robot with multimodal intelligence · TechNodeLG Display transfers 8.5Chinese automaker GAC debuts its first, futuristicAfter hardware team layoffs, Thin Red Line resumes hiring for AI roles · TechNodeBYD launches new Denza N9 flagship SUV in China · TechNodeStellantisDeepSeek founder Liang Wenfeng joins global billionaires list · TechNode Hot Costco Dad is our new crush, thanks to this super wholesome video Tom Hiddleston's Chinese Centrum ad is a real wild ride A tweet depicting bagels sliced like loaves of bread is causing people to freak out 'Grimcutty' review: Hulu's internet meme from hell The metaverse's Horizon Worlds is failing Mark Zuckerberg's expectations Instagram verification will make you Public Enemy No. 1 This writer's Twitter thread about his stay in a creepy log cabin is the stuff of nightmares 'Quordle' today: See each 'Quordle' answer and hints for October 14 Meghan McCain's complaining wedding guest is now a beautiful meme Apple XR headset might have 'Face ID' tech for biometric payment Who is 'The Mole' on Netflix's show? Get out your yarn wall and get speculating! The new specialty Reese's cups are perfect for the nuanced Reese's palate Microsoft Office to be renamed Microsoft 365 Elon Musk drops first SoundCloud track, 'RIP Harambe.' Yes, you read that right Chris Evans may 'cut ties' with Tom Brady over Trump Jamie Lee Curtis on 'Halloween Ends,' her fans, and why Michael Myers ain't sh*t The latest cover of 'Time' shows Trump singin' in the rain 'Forspoken' preview: New tech, same old design U.S. government slams Facebook with housing discrimination charges What are Facebook Stars, and should you give them?
2.467s , 8195.8046875 kb
Copyright © 2025 Powered by 【American classic porn movie Hot Lunch (1978)】,Wisdom Convergence Information Network