- Shoe stocks are laggards in the retail sector as some negative analyst notes sway sentiment. Brean Capital downgraded Finish Line (FINL -3.3%) on valuation concerns and Stifel Nicolaus warned on near-term pressure for Crocs (CROX -2.6%). Proper valuation in the post-election environment is a hot-button topic in the footwear sector.
- Decliners include Skechers (SKX -3.1%), Deckers Outdoor (DECK -2.9%), Steven Madden (SHOO -1.8%), Wolverine Worldwide (WWW -1%), Foot Locker (FL -0.9%), Nike (NKE -0.9%) and Under Armour (UAA -2.8%).