Canaccord Genuity Morning Coffee on Skullcandy (SKUL): Heading Off
Tweet
Share
E-mailGet Alerts SKUL Hot Sheet
Price: $6.35 --0%
Rating Summary:
5 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Canaccord Genuity Morning Coffee on Skullcandy (Nasdaq: SKUL): Heading off.
Skullcandy, best known for its brightly-coloured headphones, took a hit Tuesday after its CFO and general counsel, Mitch Edwards, resigned to “pursue other opportunities,” including charitable work. Skullcandy is looking for a replacement. Skullcandy, which went public last July, said Edwards was instrumental during its IPO and in its transition to being a publicly-traded company. The resignation, effective April 1, of a freshly public company’s CFO with no immediate replacement seemed to give investors pause, although Edwards said he will remain a Skullcandy shareholder. For the unfamiliar, Skullcandy headphones are sold in electronics, sporting goods and mobile phone stores, as well as by mass retailers such as Target (NYSE: TGT) and Best Buy (NYSE: BBY). The company also sells t-shirts, iPod cases and other accessories.
NOTE - shares have rebounded somewhat time morning...last trade $13.86, up $0.26 (+1.91%)
Skullcandy, best known for its brightly-coloured headphones, took a hit Tuesday after its CFO and general counsel, Mitch Edwards, resigned to “pursue other opportunities,” including charitable work. Skullcandy is looking for a replacement. Skullcandy, which went public last July, said Edwards was instrumental during its IPO and in its transition to being a publicly-traded company. The resignation, effective April 1, of a freshly public company’s CFO with no immediate replacement seemed to give investors pause, although Edwards said he will remain a Skullcandy shareholder. For the unfamiliar, Skullcandy headphones are sold in electronics, sporting goods and mobile phone stores, as well as by mass retailers such as Target (NYSE: TGT) and Best Buy (NYSE: BBY). The company also sells t-shirts, iPod cases and other accessories.
NOTE - shares have rebounded somewhat time morning...last trade $13.86, up $0.26 (+1.91%)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Balfour Beatty names Sarah Brand VP of Tampa buildings ops
- Deere (DE) PT Raised to $585 at JPMorgan
- Advance Auto Parts (AAP) PT Lowered to $48 at DA Davidson Following 25% Selloff Post Q2 Results
Create E-mail Alert Related Categories
Analyst Comments, Management ChangesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
