Crocs stock got a lift after announcing over the weekend that its CEO John McCarvel would retire and that Blackstone would take a $200 million stake in the company. Investors seemed to ignore that the company also gave guidance at the low end of its previously announced range.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
