- Shares of clothing subscription box company Stitch Fix rose 12 percent Friday.
- The company went public in November and has seen its stock double in value since.
- The stock closed at a fresh all-time high of $32.41.
Stitch Fix just went on a two-day rally, gaining 22 percent and $580 million in market cap since Tuesday's close.
Shares of the clothing subscription box company gained 12 percent Friday after jumping 9 percent Thursday. The stock closed at a fresh all-time high of $32.41.
Stitch Fix curates personalized shipments of clothing and accessories for subscribers. The company went public in November and has seen its stock double in value since, despite some big single-day swings.
Last month, Stitch Fix jumped more than 14 percent on speculation that Oprah Winfrey would be taking a stake in the company. Just two weeks prior, the stock posted its biggest single-day gain, surging more than 26 percent on June 8 following a strong earnings beat.
Stitch Fix is up nearly 60 percent in the past month and more than 25 percent in 2018.