Wolverine (WWW) Surges 7.2%: Is This an Indication of Further Gains?

Wolverine World Wide (WWW) shares ended the last trading session 7.2% higher at $23.36. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 26.2% gain over the past four weeks.Wolverine’s performance is supported by strong momentum in its Active Group, improved gross margin from lower discounting and supply chain gains, and solid international growth driven by a streamlined distribution network. Tariff mitigation throu ...