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Stock impact report

Why Columbia Sportswear (COLM) Shares Are Sliding Today [Yahoo! Finance]

Columbia Sportswear Company (COLM) 
Last columbia sportswear company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.columbia.com
Company Research Source: Yahoo! Finance
low-single-digit percentage revenue decline for its current quarter, raising concerns about the health of the athletic apparel industry. The news came after Nike released its second-quarter financial results. While the company's bottom-line results were better than what analysts had expected, the weak outlook overshadowed the positive aspects. Nike's stock traded nearly 10% lower following the announcement. As Nike is a major player in the apparel sector, its forecast signaled potential challenges for the entire industry, which in turn affected shares of peers like Columbia Sportswear. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Columbia Sportswear? Access our full analysis report here Columbia Sportswear's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not somet Show less Read more
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