And no, it should fit like a regular collar. I would try and exchange it if I was you.
Really? I emailed loser kids and I got this response
"The style of shirt is "unfinished" it's not supposed to have a normal neck line. The cut of the shirt is men's too, so it will fit a little larger on you as well. If you are unhappy with the cut of the shirt, you are more than welcome to return it by following the below link."
I think the shirt I received was previously returned because it had no tags and it didn't come in the plastic wrapping like the other shirts I ordered did. And wtf at them saying "the cut of the shirt is men's" I am a guy lol.