Skechers (SKX) Stock Slides as Market Rises: Facts to Know Before You Trade

Skechers (SKX) closed at $73.46 in the latest trading session, marking a -0.45% move from the prior day. This change lagged the S&P 500's 0.61% gain on the day. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.28%.Coming into today, shares of the shoe company had gained 8.95% in the past month. In that same time, the Consumer Discretionary sector lost 1.39%, while the S&P 500 gained 2.08%.The investment community will be closely monitoring the performance of Skechers in its forthcoming ea ...