One area of the economy hit by the pandemic health crisis that may drive future gains for investors is in the ecosystem of products and services surrounding live sports events – particularly the branded products built to find the market through sponsorships or marketing delivered in that ecosystem. You think about the fact that the […]
LULU
Quiksilver, Inc. (NYSE:ZQK) Receives Downgrades from Moody’s – ZQK, LULU, PVH, UA, WRC
Quiksilver, Inc. (NYSE:ZQK) shares plunge more than 2% after Moody’s Investors Service cut his credit-rating on outlook of its shares to “Stable” from “Positive”, indication to current negative operating trends at the sports outfitter. The ratings firm declared the firm’s gross margins and operating costs increased over the previous three quarters following being pressured by […]
