For Crocs to beat estimates and only miss revenue by a little, this much drop is not justified.
Compared to the global economy and most governments, Crocs is doing very well.
Wall Street is an over-reaction. If you beat you may hold or go up a little, if you dont watch out. Thats the world we live in currently. Frustrating, but not always rational
The board should have back stopped this, and announce a major buy back. otherwise ,they are disingenuious.
You're right, but it probably won't rebound anytime soon. (Hope I'm wrong.)