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.

Closing Price
$4.94
Day's Change
0.52 (11.76%)
Bid
--
Ask
--
B/A Size
--
Day's High
4.98
Day's Low
4.33
Volume
(Above Average)
Volume:
2,982,170

10-day average volume:
2,683,509
2,982,170

CORZ LAWSUIT ALERT: Levi & Korsinsky Notifies Core Scientific, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

5:45 am ET December 8, 2022 (PR Newswire) Print

Levi & Korsinsky, LLP notifies investors in Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ) of a class action securities lawsuit.

https://mma.prnewswire.com/media/330168/levi___korsinsky__llp_logo.jpg

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Core Scientific investors who were adversely affected by alleged securities fraud between January 3, 2022 and October 26, 2022. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/core-scientific-class-action-submission-form?prid=34357&wire=4

CORZinvestors may also contact Joseph E. Levi, Esq. via email atjlevi@levikorsinsky.comor by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) due in part to the expiration of a favorable pricing agreement, the Company was experiencing increasing power costs; (2) the Company's largest customer, Gryphon Digital Mining, lacked the financial resources to purchase the necessary miner rigs for Core Scientific to host; (3) the Company was not providing hosting services to Celsius Network LLC ("Celsius") as required by their contract; (4) the Company had implemented an improper surcharge to pass through power costs to Celsius; (5) as a result of the foregoing alleged breaches of contract, the Company was reasonably likely to incur liability to defend itself against Celsius; (6) as a result of the foregoing, the Company's profitability would be adversely impacted; (7) as a result, there was likely substantial doubt as to the Company's ability to continue as a going concern; and (8) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT'S NEXT? If you suffered a loss in Core Scientific during the relevant time frame, you have until January 13, 2023to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:Levi & Korsinsky, LLP Joseph E. Levi, Esq.Ed Korsinsky, Esq.55 Broadway, 10th FloorNew York, NY 10006jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171www.zlk.com

https://c212.net/c/img/favicon.png?sn=NY59805&sd=2022-12-08

View original content to download multimedia:https://www.prnewswire.com/news-releases/corz-lawsuit-alert-levi--korsinsky-notifies-core-scientific-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301697822.html

SOURCE Levi & Korsinsky, LLP

https://rt.newswire.ca/rt.gif?NewsItemId=NY59805&Transmission_Id=202212080545PR_NEWS_USPR_____NY59805&DateId=20221208

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COMTEX_420416560/1005/2022-12-08T05:45:09

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