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Skechers falls after Spruce Point releases short report

Jul. 19, 2022 8:58 AM ETSkechers U.S.A., Inc. (SKX) StockBy: Joshua Fineman, SA News Editor5 Comments

White letters logo on Skechers shop

Lubo Ivanko

  • Skechers (NYSE:SKX) fell 5.2% in premarket trading after Spruce Point released a new short report with the potential for the shares to fall 30%-50%.
  • Spruce Point in its "strong sell" report alleged that its channel checks in China indicate that revenue

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