Stitch Fix’s stock is on pace for its worst drop ever. Here’s what has analysts worried.

Shares of Stitch Fix Inc. plunged toward their biggest percentage drop on record Wednesday, after the online styling service’s quarterly results a day earlier amplified investors’ worries about the pace of its turnaround effort amid a prolonged stretch of weaker clothing demand.

Stitch Fix’s stock is on pace for its worst drop ever. Here’s what has analysts worried.
Shares of Stitch Fix Inc. plunged toward their biggest percentage drop on record Wednesday, after the online styling service’s quarterly results a day earlier amplified investors’ worries about the pace of its turnaround effort amid a prolonged stretch of weaker clothing demand.