Supply Chain Council of European Union | Scceu.org
Distribution

Iconix Brand Group Inc. (ICON) Plunges 9.41% on October 30

Iconix Brand Group Inc. (ICON) had a rough trading day for Friday October 30 as
shares
tumbled 9.41%, or a loss of $-0.0687 per share, to close at $0.66. After opening the day at $0.70, shares of Iconix Brand Group Inc. traded as high as $0.73 and as
low as $0.65. Volume was 597,783 shares over 1,306 trades, against an average daily volume of n/a shares and a total float of 11.86 million.

As a result of the decline, Iconix Brand Group Inc. now has a market cap of $7.84 million. In the last
year, shares of Iconix Brand Group Inc. have traded between a range of $2.44 and $0.51, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Iconix Brand Group Inc., check out Equities.com’s Stock Valuation Analysis report for
ICON
.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl’s, and Kmart/Sears. Some of the company’s notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.

Iconix Brand Group Inc. is based out of New York, NY and has some 118 employees. Its CEO is Robert Galvin.

Iconix Brand Group Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on Iconix Brand Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
ICON’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
Newsdesk
. Also, don’t forget to sign-up for our daily
email newsletter
to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Related posts

Elkins woman admits to methamphetamine distribution | News, Sports, Jobs

scceu

Times Network inks distribution deal with Ethnic Channels Group, launches ET Now in Canada

scceu

COVID-19 infects employees at Target Distribution Center – News – The Topeka Capital-Journal

scceu

Leave a Comment