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What Is Skechers Doing Right?

TheMotleyFool

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What Is Skechers Doing Right?Photo, wide shot, wide-angle lens, Clothing manufacturer, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/4c710447-f68a-47bc-a682-c2d83e801596.png

Skechers (NYSE: SKX) stock is making up for investor pain from earlier in the year in a big way. The stock climbed 41% on Friday, after the company reported on the quarter that ended Sept. 30. There was a lot to please shareholders, as the massive daily increase indicates.