Crocs Stock News

Crocs announced that it had purchased HeyDude for $2.5 billion. Shares of CROX stock are trading down as investors digest the news.

On Thursday morning, Crocs announced its plans to acquire the privately held footwear label Hey Dude for $2.5 billion, in a cash-and-stock deal.

Crocs (CROX) stock isn''t doing so hot on Thursday after the footwear company announced a massive $2.5 billion deal for HEYDUDE.

Shares of Crocs Inc (NASDAQ: CROX) slid nearly 15% this morning after the shoe company said it was set to make a sizable acquisition worth $2.5 billion. Crocs to buy Hey Dude In a press release on Thursday, Crocs said it will buy Hey Dude a privately owned brand of casual shoes for $2.5 [] The post Crocs shares slide after announcing a $2.5 billion acquisition appeared first on Invezz .

(Reuters) -Crocs Inc said on Thursday it would buy privately owned footwear label Heydude for $2.5 billion, as the rubber clogs maker looks to cash in on the pandemic-led surge in demand for casual sh

The S&P 500 approached a new record on a strong day on Wall Street.

O Neil Global Advisors Inc. lowered its holdings in shares of Crocs, Inc. (NASDAQ:CROX) by 70.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,260 shares of the textile makers stock after selling 7,666 shares during the quarter. O Neil Global Advisors Inc.s []

The post CROX Stock Dives: Crocs to Buy Footwear Maker Heydude For $2.5 Billion appeared on BitcoinEthereumNews.com . Crocs announced it would buy privately held footwear maker Heydude for $2.5 billion Thursday. CROX stock sold off hard. X The deal includes $2.05 billion in cash and $450 million

Some investors will be surprised to learn that Crocs stock has nearly doubled this year.

#JD.com Yahoo Finance's Ines Ferre and Jared Blikre discuss several of the trending stocks, including JD.com's drop due to Tencent selling off a portion of its stakes, Crocs acquiring footwear brand H