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Skechers USA Inc. (NYSE: SKX) shares closed up 19.28% on nearly 3.4 million shares traded. The stock was one of the biggest gainers in the NYSE and hit a new high of $36.10 during intra-day trading. The move came after the company reported a strong fourth-quarter report. In total, Skechers revenue rose 14%, to $450.7 million, over the year-ago period as EPS more than tripled to $0.28 from $0.08 in the year-ago period. Skechers noted that strong organic growth in all of its demographic segments led to double-digit growth in its men's, women's, and kid's segments, while its e-commerce and international segment rose by single digits. Comparatively speaking, Wall Street had only been looking for a $0.16 per-share profit from Skechers, with $449 million in revenue.
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Charter Communications, Inc. (NASDAQ: CHTR) shares closed down 6.29% on Thursday with about 9.9 million shares traded. The stock was one of the biggest decliners on the NASDAQ. Charter had publicly sought to acquire all or part of Time Warner for months, but it was revealed that Comcast would acquire Time Warner in one of the biggest deals of the year.
Get more information on Charter Communications, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/CHTR
Ehouse Global, Inc. (OTCBB: EHOS) shares closed down 11.11% on Thursday with nearly 4 million shares traded. The stock was one of the biggest decliners in the OTCBB marketplace despite no big news released. Last month the company announced it had closed a $10,000,000 equity line facility with Dutchess Opportunity Fund, II, LP.
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Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares closed up a modest 0.53% on Thursday with about 2.8 million shares traded. The stock was one of the most active stocks in the NASDAQ. An article from last month on MotleyFool called Bed Bath and Beyond a better business than Walmart and Target.
Get more information on Bed Bath & Beyond Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/BBBY
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