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Heavy action on Skechers

Sep. 17, 2014 1:12 PM ETSkechers U.S.A., Inc. (SKX) StockSKXBy: Clark Schultz, SA News Editor3 Comments
  • Skechers (SKX -8.2%) trades lower after sales tallies from SportScan draw some notice.
  • Buckingham Research on the SportScan data: "One week does not make a trend, but we note Skechers grew 13% last week, well below the 4-wk trend of +30%."
  • Volume on Skechers is at 3.52M shares vs. the daily average volume of 684M shares.

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