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Crocs Stock Rises 50% Year to Date: What's Next for Investors?
CROXCrocs(CROX) ZACKS· ZACKS·2024-08-27 16:50

Crocs, Inc. (CROX) has displayed an impressive performance so far this year, with its shares appreciating 50% year to date. This growth is notable against the industry's decline of 22.9%. Additionally, the stock fared better than the broader S&P 500 index, which recorded gains of 17.8%. The bullishness in the stock is fueled by high consumer interest in the brand, successful pricing strategies and lower shipping expenses. Closing at 140.07onAug.26,thestocktradesclosetoits52weekhighmarkof140.07 on Aug. 26, the stock trades close to its 52-week high mark of 165 ...