Skechers Trading Volume Surges 227% to 203rd Position as 3G Capital Buyout Looms

On June 27, 2025, Skechers (SKX) saw a significant increase in trading volume, with a turnover of $453 million, marking a 226.99% rise from the previous day. This surge placed Skechers at the 203rd position in terms of daily trading volume. The stock price of Skechers rose by 0.38%, extending its winning streak to six consecutive days, with a cumulative gain of 1.01% over the past six days.

Skechers USA Inc. has priced over $6 billion in debt to support its buyout by 3G Capital. This substantial deal underscores the strong appetite among leveraged finance buyers for such transactions. The buyout, valued at $9.4 billion, marks a significant milestone for Skechers as it transitions to a private entity. This move is expected to have a profound impact on the company's strategic direction and operational flexibility.

In related news, a Skechers shareholder has initiated legal action against the footwear manufacturer, seeking detailed information regarding the $9.4 billion buyout by 3G Capital. This lawsuit highlights the ongoing scrutiny and potential challenges that may arise from such high-profile acquisitions. The outcome of this legal battle could influence investor sentiment and the overall market perception of Skechers' future prospects.