Iconix Shares Up 27% As Amazon URL Circulates
Iconix Brand Group Inc (NASDAQ: ICON) shares spiked higher Wednesday as traders circulated news the Amazon.com, Inc. (NASDAQ: AMZN) store URL for company’s products.
The stock was trading higher by 14.74% to 78 cents at the time of publication Wednesday. Amazon shares were down by 0.3% at $1,858.02.
Iconix is an American brand management company that licenses brands to retailers.
Related Links:
Investors Back GrubHub As Amazon Shuts Down Restaurants Business
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: News Rumors Best of Benzinga