From Yahoo Finance: 2025-05-05 13:58:00

Sketchers has been acquired at a $9 billion valuation, with a buyout price of $63 per share. The stock surged 24.5% following the announcement. Shareholders can choose between $63 per share in cash or $57 per share in cash plus a share in a new private holding company. CEO Robert Greenberg will continue to lead the company. Despite a recent dip in stock price, the buyout is seen as a win for shareholders. Investors considering Skechers stock may want to explore other options, as it did not make the Motley Fool’s list of the top 10 stocks to buy now.



Read more at Yahoo Finance: Why Sketchers Stock Is Skyrocketing Today