Stitch Fix, the fashion subscription service that had its initial public offering in November 2017, has had a volatile first year as a public company. The stock has averaged an after-earnings move of 19.2% in either direction. It fell 33% through 2018 as investors wondered whether consumers would keep paying for wardrobe updates. Short interest among investors betting against the stock had risen to an extremely pessimistic 32.4% of the float.

Source: Wall Street Journal March 11, 2019 21:22 UTC