Should You Buy Skechers After its Post-Earnings Pop?
Shares of Skechers (NYSE: SKX) surged more than 40% after the footwear maker reported its third quarter earnings on Oct. 20. That rally, which propelled the stock to its highest levels in over a year, was surprising since many other footwear makers -- like Nike (NYSE: NKE) and Under Armour (NYSE: UAA) (NYSE: UA) -- had fallen out of favor.
Let's take a look at why the bulls are so excited, and whether or not you should also buy this stock after its post-earnings pop.
Image source: Skechers.
Source: Fool.com
Under Armour Inc. A Aktie
5,96 €
-5,57 %
Die Under Armour Inc. A Aktie hat zu wenige Einschätzungen, um eine klare Tendenz abzulesen.
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