Deckers Outdoor shares rise 5.46% and outperform competitors
Updated
Updated · MarketWatch · May 6
Deckers Outdoor shares rise 5.46% and outperform competitors
8 articles · Updated · MarketWatch · May 6
The stock closed at $103.92 on Wednesday, its second straight gain, as the S&P 500 rose 1.46% and the Dow added 1.24%.
Deckers outpaced Nike, up 1.90%, and Under Armour's Class C and Class A shares, which gained 2.80% and 3.03% respectively.
Trading volume reached 2.1 million shares, above its 50-day average of 1.9 million, though the stock remained 22.12% below its 52-week high of $133.43.
With insiders selling and analysts split, is Deckers' latest stock surge a true recovery or a trap for investors?
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