Tag: Crocs

Crocs stock price plunged on unexpected profit warning – opportunity or more bad news? | Technical Analysis | US Stocks Review

by Editor on October 20, 2011 in Investment Tips & Guides • 0 Comments

On Tues 18th Oct 11, Crocs (CROX) pre-announced earnings and warned about a possible 25% decrease in its earnings for the quarter. Though it provides an early evaluation of the company’s financial performance, the market reaction was still very drastic. In one night (after hours), Crocs lost 38% of its market cap overnight. I have always been a great fan…