Iconix Brand Group Inc. cut its earnings outlook for the year, surprising Wall Street and prompting a sell-off that drove the stock down 21.1 percent to $12.47.
The company, which licenses...
October 1, 2009
Iconix Stock Hit by Profit Warning
Also, retail stocks dipped yesterday, but finished the month ahead 3.6 percent; Target downgraded to "neutral" from "buy."
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