Deckers Outdoor Corp. Stock Slips 3.7%, Underperforms Market

Dow Jones
08/12

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Deckers Outdoor Corp. slipped 3.7% to $93.84 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,728.20 and Dow Jones Industrial Average falling 0.3% to 53,791.85.

This was the stock's fifth consecutive day of losses.

Deckers Outdoor Corp. closed 25.2% below its 52-week high of $125.45, which the company achieved on September 3rd.

The stock demonstrated a mixed performance when compared to some of its peers, as Nike Inc. Cl B fell 1.9% to $41.32, Under Armour Inc. Cl C fell 8.5% to $5.20, and Under Armour Inc. Cl A fell 9.03% to $5.34.

Trading volume totaled 3.1 million, compared to the 50-day average of 2.2 million.

Data source: Dow Jones Market Data, FactSet

 

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