Monday, January 7, 2013

Skullcandy: Investors And Analysts Are Overreacting


Shares of Skullcandy (SKUL) started 2013 on a bad note. Shares of the developer and distributor of headphones and audio accessories to retailers have lost almost 12% already in the first three trading days of the year.

Dismal Share Price Performance

Skullcandy went public in July of 2011. At the time, the offering was a great success as the company was able to raise its offering price while boosting the size of the offering. Shares went eventually public at $20 per share and saw a healthy first day spike.
Read the entire article on Seekingalpha by clicking the following link

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