Stitch Fix, Inc. (NASDAQ:SFIX) was officially added to the S&P Retail Select Industry Index on December 22, 2024. This inclusion marks a notable development for the online personal styling service.
The S&P Retail Select Industry Index tracks the performance of companies within the retail sector, providing a benchmark for investors focused on this industry. Membership in such an index can broaden a company's investor base.
This addition may lead to increased exposure for Stitch Fix among passive funds and institutional investors that track or invest in the S&P Retail Select Industry Index.
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