Here's Why Skechers (SKX) Fell More Than Broader Market
SKXSkechers(SKX) ZACKS·2024-10-04 06:56

In the latest trading session, Skechers (SKX) closed at $65.13, marking a -1.79% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.17% for the day. Elsewhere, the Dow saw a downswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.04%.The shoe company's shares have seen a decrease of 1.59% over the last month, not keeping up with the Consumer Discretionary sector's gain of 3.63% and the S&P 500's gain of 1.25%.The investment community will be closely monito ...