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Deckers Outdoor Trading Volume Plummets 39.4% Ranking 304th in Market Activity
Generated by AI AgentAinvest Market Brief
Friday, May 9, 2025 8:01 pm ET1min read
On May 9, 2025,
(DECK) experienced a significant decline, with its trading volume dropping by 39.4% to 2.72 billion, ranking 304th in the day's stock market activity. The stock price fell by 3.62%.UBS recently adjusted its price target for
, increasing it from $150 to $158 while maintaining a buy rating. This adjustment reflects the firm's positive outlook on the company's future performance.Additionally, a trade group has petitioned President Trump to exempt footwear brands from tariffs, which could potentially benefit Deckers Outdoor if implemented. This move aims to alleviate the financial burden on footwear manufacturers and could positively impact the company's bottom line.
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