SKX has been in the news 360% more than usual
May 05, 2025, 6:31 PM
0.96%
What does SKX do
Skechers U.S.A., headquartered in Manhattan Beach, California, designs and markets lifestyle footwear, apparel, and accessories for all ages, employing 9,200 people. It operates through Wholesale and Direct-to-Consumer segments, offering innovative comfort technologies.
SKX has been in the news recently: Skechers U.S.A. Inc. will be acquired by 3G Capital for $9.42 billion, with shareholders receiving $63 per share, which represents a 30% premium. The acquisition will transition Skechers to a privately held company, while CEO Robert Greenberg will continue to lead the organization.
📡️ Consumer Discretionary
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