When will CROX go BK for real?

Discussion in 'Stocks' started by turkeyneck, Jul 19, 2009.

  1. NEW YORK (CNNMoney.com) -- In the last five years, Crocs have become ubiquitous, stepping onto the red carpet and the black top of every playground across the country. But that meteoric growth may be what leads the company to its downfall.

    Crocs, which debuted as a public company on Feb. 13, 2006, in an offering that raised $207.9 million, has seen its stock price plummet over the course of the last two years from more than $70 a share to about $3 a share.

    http://money.cnn.com/2009/07/17/smallbusiness/crocs.smb/