Walt Disney, Salesforce Share Gains Lead Dow's 37-point Climb

Stitch Fix Inc

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value

Company profile

Stitch Fix, Inc. is an online personalized styling service company. The Company operates primarily in the United States and United Kingdom. The Company combines the human touch of stylists with the precision of advanced data science to make online personal styling accessible to everyone. The Company serves its clients in categories, such as women's, petite, maternity, men's, kids, and plus apparel, as well as shoes and accessories. The Company leverages its data science through a custom-built, Web-based styling application that provides recommendations to its stylists from its selection of merchandise. It also gathers a range of merchandise data, such as inseam, pocket shape, silhouette, and fit. Its clients can engage in receiving a personalized shipment of items informed by its algorithms and sent by a Stitch Fix stylist (a Fix). Its clients can purchase directly from its Website or mobile app based on a personalized assortment of outfit and item recommendations.

Walt Disney, Salesforce Share Gains Lead Dow's 37-point Climb

11:49 am ET November 23, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Buoyed by strong returns for shares of Walt Disney and Salesforce, the Dow Jones Industrial Average is up Wednesday morning. Shares of Walt Disney (DIS) and Salesforce (CRM) have contributed to the blue-chip gauge's intraday rally, as the Dow is trading 37 points higher (0.1%). Walt Disney's shares have risen $1.53 (1.6%) while those of Salesforce are up $2.08, or 1.4%, combining for a roughly 24-point boost for the Dow. Also contributing significantly to the gain are Goldman Sachs (GS), Visa (V), and Cisco (CSCO). A $1 move in any of the index's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.

(END) Dow Jones Newswires

November 23, 2022 11:49 ET (16:49 GMT)