CROCS (CROX) Sees Follow-Through Momentum
Up)CROCS Inc. (Nasdaq: CROX) is seeing some follow-through momentum today. Shares are up 16% currently, after yesterday's 13% run-up. Volume has also been increasing the past few sessions. Yesterday, volume in CROX was up 461% from the prior day and today it is on pace to eclipse that strong number.
Yesterday, CROCS presented at the the 29th Annual Piper Jaffray Consumer Conference. Analysts at Piper Jaffray commented on CROCS after the event, noting a few positives although they maintained their Neutral rating and $3 price target. Highlights from the Piper conference can be seen here.
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