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Why Crocs Stock Jumped Wednesday

TheMotleyFool

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Shares of footwear company Crocs (NASDAQ: CROX) jumped on Wednesday, rising as much as 15.3%. But as of 12:33 p.m. EDT, the stock was up 13.1%.

The stock's gain follows the company's third-quarter update, which included better-than-expected top- and bottom-line results and an improved outlook from management for the company's full-year performance.

Image source: Getty Images.

Source Fool.com

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