Why Crocs Stock Gained 17% in July

Crocs (NASDAQ: CROX) shareholders outpaced a booming market last month, with shares jumping 17% compared to the 2.3% increase in the broader market, according to data provided by S&P Global Market Intelligence.

The boost was powered by a well-received earnings report and contributed to huge short-term gains for investors. The stock is up more than 100% so far in 2021.

Image source: Getty Images.

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Source Fool.com