Crocs (CROX) Higher On Questionable PE Rumors

Today's upside in Crocs, Inc. (Nasdaq: CROX) is being attributed to rumors the company is the target of a private equity takeover bid. While Crocs could find itself the target of a takeover, today rumors are coming from unreliable sources and nothing appears imminent. Nonetheless shares of the shoe maker are up 4.7 percent.

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