Deckers Outdoor Corp (NASDAQ:DECK)
CAPS Rating:
The Company is a designer, producer and brand manager of innovative, high-quality footwear and the category creator in the sport sandal, luxury sheepskin and sustainable footwear segments.
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Recs
Turning down from the 200MA and GMMA are heading firmly down. Daily MACD is truning down again and we may see another leg of this current downtrend unfolding
Target may be the 200 week MA which is currently around the 67 mark
According to SEC filings, Carl Icahn has amassed an 11.3 percent stake in the boot maker Deckers Outdoor Corporation (DECK). Icahn hinted that he may initiate communication with DECK’s management team but he did not provide details of his intent. Industry analysts believe Icahn may try to force a sale of the company to a large company like VF Corporation (VFC), which acquired Timberland last year for $2 billion.