Shares of Skechers (SKX) move up 1.1% in premarket trading after Sterne Agee chips in with an...

|About: Skechers USA Inc. (SKX)|By:, SA News Editor

Shares of Skechers (SKX) move up 1.1% in premarket trading after Sterne Agee chips in with an upgrade to Neutral from Underperform. The firm's highly-rated Super Bowl ad could also be adding a bit of positive investor sentiment, as research found a direct correlation between short-term stock swings and the likability of SB ads.