Stitch Fix (SFIX) reports second quarter fiscal 2020 sales miss

Stitch Fix (SFIX) reports second quarter fiscal 2020 sales miss

Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix shares tumbled more Monday after the personal styling service reported quarterly sales that missed analysts’ estimates and issued a disappointing outlook for the current quarter and full year. In a...
Bezos loses $7 billion overnight, $18 billion in a month

Bezos loses $7 billion overnight, $18 billion in a month

Jeff Bezos lost $7 billion in paper wealth overnight, and more than $18 billion over the past month, as Amazon’s share price has plunged on fear that the coronavirus outbreak will slow the global economy. The world’s richest person saw his wealth drop to...