Bearish MACD for Wolverine World Wide, Inc.

Zacks

Wolverine World Wide, Inc.’s (WWW) MACD indicator has moved into bearish territory with a reading of –0.3492. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.65% to $42.36 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 41 cents over the past week to $2.01 per share.

 

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