Deckers Stock Tanks on Weak Forecast – Is a Rebound Coming?
Deckers stock had been trading in the low-$100 range before earnings. On Oct. 23 the shares closed at $102.53investing.com. This slight uptick followed several days of volatility. However, the real move came after the report: after-hours trading on Oct. 23 saw DECK slide ~9% to around $94in.investing.com, erasing much of the week’s gains. This sharp drop reflects investor alarm at the soft guidance.
