lowered guidance
Crocs is crashing
Read the full article: http://www.ino.com/info/185/CD8/&dp=0&l=0&campaignid=12
Crocs remained down all day Tuesday after Crocs announced guidance cuts that one analyst termed "stunning," amid lower-than-expected demand, and Najarian warned investors to resist the temptation to bottom fish. Macke doesn’t have confidence in the company after the numbers it reported on Monday, and Finerman says management is clueless.
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