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News Breaks | | | | December 27, 2012 | | 14:14 EDT |  | DECK | Deckers rises 8% amid speculation of better UGG sales, possible short covering
Shares of Deckers Outdoor (DECK), which are down about 50% year-to-date, are up about 8% to $37.70 in afternoon trading, with the move higher possibly related to investors covering their short positions. Some market participants have also speculated that recent cold weather and promotional activity may have helped sales of UGG boots. | |
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