Shares of Deckers (DECK) trade 2.4% lower premarket after Longbow downgrades the company to...

|About: Deckers Outdoor Corporation (DECK)|By:, SA News Editor

Shares of Deckers (DECK) trade 2.4% lower premarket after Longbow downgrades the company to Neutral from Buy on concerns that European demand will worsen. The stock has also been a big target of shorts which has been affecting its price action of late.