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Stitch Fix shares fall 5.53% after-hours as court declines to dismiss securities class action.
ByAinvest
Thursday, Jul 17, 2025 7:07 pm ET1min read
Stitch Fix, Inc. declined 5.53% in after-hours trading, following a court decision where the Northern District of California declined to dismiss a securities class action lawsuit against the company and its executives. The lawsuit alleges misrepresentations concerning the launch of a new business line, which could negatively impact investor confidence and stock performance.
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