Big Move In Crocs, The Breakout Continues (CROX)

Shares of footwear retailer Crocs CROX are surging on Tuesday, and have broken out to a new 52-week high. The stock has gained 5.19% to $22.69. The move is coming on heavy volume with more than 3 million CROX shares already changing hands compared to a 3-month daily average of 2.2 million. This is a stock to watch. Despite a recent disappointing earnings report, which sent CROX temporarily lower at the end of April, the stock has now recouped those losses in very short order and is breaking out again on heavy volume. Crocs, Inc. (Crocs) and its consolidated subsidiaries are a designer, manufacturer, distributor, worldwide marketer and brand manager of footwear and accessories for men, women and children.