Skechers (SKX) Stock Drops Despite Market Gains: Important Facts to Note
SKXSkechers(SKX) ZACKS·2024-10-10 06:55

In the latest trading session, Skechers (SKX) closed at $65.94, marking a -0.09% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.71%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 0.6%.Prior to today's trading, shares of the shoe company had gained 1.76% over the past month. This has lagged the Consumer Discretionary sector's gain of 6.39% and the S&P 500's gain of 6.41% in that time.The investment community will be paying close attenti ...