Skullcandy (SKUL -3%) sells off after reiterating its 2011 outlook ahead of an investor...

|About: Skullcandy (SKUL)|By:, SA News Editor

Skullcandy (SKUL -3%) sells off after reiterating its 2011 outlook ahead of an investor conference. The headphone maker, whose shares are now down nearly 35% from their $20 IPO price, says it continues to expect 2011 revenue of $231M and EPS of $0.93, roughly in-line with consensus estimates.