ZION - Why Deckers Outdoor Stock Is Up | Benzinga
Deckers Outdoor Corporation (NYSE:DECK) shares are trading higher Monday after it was announced the company will join the S&P 500.
The Details:
Late Friday, it was announced that Deckers Outdoor and Super Micro Computer, Inc. (NASDAQ:SMCI) will join the S&P 500 in the index’s quarterly rebalance, replacing Whirlpool Corp. (NYSE:WHR) and Zions Bancorp (NASDAQ:ZION) in the benchmark
Deckers Outdoor is the parent company of the Ugg brand among others and shares have climbed more than 37% year to date following gains of nearly 70% in 2023.
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