Deckers Outdoor Corporation (DECK) closed the last trading session at $103.09, recording a 2.12% increase. Trading volume reached 1.77 million shares.
This notable uptick positioned DECK among the top performers on the S&P 500. The gain provides a recent bright spot for the stock, which has experienced significant volatility and a notable year-to-date decline.
Market analysis suggests the strong performance of the HOKA brand drives the bull case for the company. Analysts view HOKA as the primary driver for Deckers’ long-term growth.