Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns
Deckers Outdoor shares climbed in the session after the HOKA and UGG parent posted a quarterly beat Thursday. The stock jumped initially but gave up gains late as the market took stock of a forecast for lower margins this year. The stock finished the session up roughly 4.5% at $102.70, and after the report it was still up 4.5% at $107.17, according to market data, but then slipped to about $100.56, off 2.1% from the regular close, by 6 p.m. Eastern.