Why Skechers (SKX) Dipped More Than Broader Market Today
Skechers(SKX) ZACKS·2024-06-29 06:52
The latest trading session saw Skechers (SKX) ending at $69.12, denoting a -1.03% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.41%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.71%.Heading into today, shares of the shoe company had lost 0.82% over the past month, lagging the Consumer Discretionary sector's gain of 2.29% and the S&P 500's gain of 3.53% in that time.The investment community will be closely monitoring the pe ...