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Why Deckers Outdoor Stock Jumped Today

TheMotleyFool

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Shares of Deckers Outdoor (NYSE: DECK), the global footwear company with brands like Hoka and UGG, were climbing today after the company delivered better-than-expected results in its first-quarter report. Coming after the stock plunged earlier in the year on fears of tariff-related headwinds and weakening consumer sentiment, the results helped reassure investors that its growth story was still intact.

As of 12:21 p.m. ET on Friday, the stock was up 11.7% on the news.

Image source: Getty Images.

Source Fool.com

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