/biz/ - Business & Finance

Well shit, Stix Fix is a bust. Despite its huge revenue stream, it's barely ever been able to turn a profit and is actually operating at a loss so far this year. Sold 2 million shares less for $3 less than the low end of what they were planning on. When Funko did that, shit dropped 33% the second it started trading. I also just found out Amazon is trying out a similar service, so the whole company is fucked.