【】Tweet may have been deleted

Stitch Fix debuted on the stock market on Friday, and while things didn't go quite as well as expected, they still went pretty smoothly.
。

The clothing and personal styling subscription service raised $120 million in its initial public offering—making the transition from venture-funded startup to publicly traded on Wall Street—with an opening price of $16.90 a share. In its filing with the Securities and Exchange Commission in October, Stitch Fix expected a price between $18 and $20. Then Thursday night, the company downgraded expectations to $15 a share before opening a little higher Friday. The company sold 8 million shares, another downsizing from its previous 10 million target.。

Stitch Fix is now valued at $1.4 billion. After its SEC filing, the company was hailed as an example of responsible management and growth of a startup. Its IPO follows the 2017 tech IPOs of Snap Inc. and Blue Apron, both of which have been pretty disappointing.。

Mashable Light SpeedWant more out-of-this world tech, space and science stories?Mashable Light SpeedWant more out-of-this world tech, space and science stories?Sign up for Mashable's weekly Light Speed newsletter.。By signing up you agree to our Terms of Use and Privacy Policy.
。

Thanks for signing up!
。

The IPO made Stitch Fix CEO Katrina Lake the only woman to lead a tech IPO this year. About 8 percent of all IPOs this year were led by women, and the other ones were mostly in the pharmaceutical industry.
。

Tweet may have been deleted 。

"I'm thrilled to embark on this next chapter and I'm immensely grateful to everyone who believed in us over the years," Lake wrote on Twitter after the IPO.
。

---

Now, it's back to fighting Amazon.。

---

Now, it's back to fighting Amazon. 
。

---

Featured Video For You。This cute, flying robot could be your new bestie
。