Crocs Shares Slide After Report Alleges Company Has a 'Trick for Dodging Taxes'
Shares of Crocs are under selling pressure Wednesday afternoon following an investigative report detailing the footwear manufacturer's offshore tax strategy.
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Crocs Shares Sink After Soft Third Quarter Outlook Overshadows Earnings Beat
Crocs shares fell after third-quarter guidance missed estimates, overshadowing second-quarter earnings and revenue beats, despite stronger full-year outlook and a $1.5 billion buyback expansion.
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Watching Crocs; Shares Move Lower, New York Times Issues Article Titled "Crocs Has a Trick for Dodging Taxes: a Tiny Office in Malta; The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes."
https://www.nytimes.com/2026/08/05/business/economy/crocs-malta-tax-haven.html
UBS Maintains Neutral on Crocs, Raises Price Target to $120
UBS analyst Jay Sole maintains Crocs (NASDAQ:CROX) with a Neutral and raises the price target from $107 to $120.
Amazon To Rally Around 55%? Here Are 10 Top Analyst Forecasts For Friday
Analysts change outlook & price targets for Crocs, Monolithic Power, Axos Financial, Amazon, Karyopharm, Apple, Guardant Health, Pagaya Tech.