CROCS (CROX) Sees Follow-Through Momentum
More News related to CROX
- Independent Research Firm Murphy Analytics Announces Initiation of Coverage on Crocs, Inc.
- Standpoint Research Downgraded Deckers Outdoor (DECK) to Hold
- Standpoint Research Initiates Coverage on Crocs (CROX) with a Buy
- Unusual 11 Mid-Day Movers 11/06: CBBO, OPTT, GROW, MGA Higher; GOK, OSTE, NHWK, OCLS Lower
- Morning Movers 11/06: ACLS, CVM, ZIOP, LPSN, CABL, ZGEN Higher; NHWK, GOK, CROX, CVI, RAIL, CSTR Lower
CROCS Inc. (Nasdaq: CROX) is seeing follow-through momentum this morning. Shares are up 15% in pre-open action. This follows Monday's 42% jump and yesterday's' 15% increase. Shares of CROX are up 375% from their 52-week low of $0.79.
CROCS is set to report quarterly results tomorrow May 7 and some think they may surprise to the upside.
CROCS was a momentum stock for years due to the success of their resin clog-line shoes, but it was crushed as competition, slowing sales, and excess inventory killed the company.
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NOT SO UGLY
BECKY HALL on May 6, 2009 03:40 PMCROCKS ARE NOT AS UGLY AS SOME PEOPLE MAY THINK. THEY ARE GREAT FOR PEOPLE WHO ARE AROUND THE WATER AND THEY ARE SO MUCH MORE COMFORTABLE THAN THE KNOCK OFFS. I HOPE THEY CONTINUE TO MAKE THEM FOR A VERY LONG TIME, IF NOT I AM GOING TO BUY UP ALL I CAN