WASHINGTON (dpa-AFX) - Shares of Deckers Outdoor (DECK) have moved sharply lower during trading on Monday, slumping by 7.5 percent. Deckers Outdoor hit its lowest intraday level in well over a month earlier in the session.
The steep drop by Deckers Outdoor comes after Pivotal Research Group downgraded its rating on the footwear designer's stock to Hold from Buy.
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