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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 […]