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Iconix Brand Group Inc. (ICON) Soars 1.6% on November 18

Iconix Brand Group Inc. (ICON) had a good day on the market for Wednesday November 18
as
shares jumped 1.6% to close at $0.78. About 662,064 shares traded hands on 1,291 trades for the day, compared with an average daily volume of
n/a shares out of a total float of 11.86 million. After opening the trading day at $0.76, shares of Iconix Brand Group Inc. stayed within a range of $0.83 to
$0.74.

With today’s gains, Iconix Brand Group Inc. now has a market cap of
$9.25 million. Shares of Iconix Brand Group Inc. have been trading within a range of $1.92
and $0.51 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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.

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

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Iconix Brand Group Inc. is also 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
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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