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31.01.2023 19:21:00
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Why Stitch Fix Stock Popped Today
Shares of Stitch Fix (NASDAQ: SFIX) jumped today, even though there was no news out on the online styling service. Instead, the stock seemed to go higher because it's seen as a potential AI play due to the data science and algorithms it uses to select clothes for its customers. It was one of several AI stocks gaining today.As of 12:18 p.m. ET, the stock was up 16.1%.AI stocks have surged in recent days as investors speculate that technology like OpenAI's ChatGPT could be revolutionary for companies that are best suited to take advantage of it.Continue reading
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