When it comes to companies collaborating with famous people, some are all for it, others will pass all the time and others might be hesitant to never say never. One footwear company partnered with Justin Bieber in 2020 and its shareholders might now be saying it’s too late now to say sorry to anyone who doubted the company or its stock.
Crocs, Inc (NASDAQ: CROX) surged over 14% higher when the market opened on Thursday where the stock ran into sellers who bumped it down about 7% off the high-of-day.
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
A new poll highlighted the fastest-growing brands based on awareness. The poll results were sorted by age demographic, which could help show which brands are bound to be popular in the future.
Here’s a look at the results.
Crocs, Inc (NASDAQ: CROX) was spiking up over 5% higher on Tuesday, showing comparative strength to the general market, which saw the S&P 500 ticking slightly lower.