Comment on Ugg, Indeed: Does the Correction in Deckers Stock Present a Buying Opportunity?

Ugg, Indeed: Does the Correction in Deckers Stock Present a Buying Opportunity?

Until recently, Deckers Outdoor Corp. (DECK) was one of those golden stocks investors liked to brag about, a hip boot designer that racked up a nearly-500% share price gain in less than five years. But Deckers shares are down 45% in the past five months alone; for mundane and familiar reasons, rather than unexpected scandal.

 

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