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Crocs Stock Rises on Earnings, Revenue Beats Despite Supply Chain Warnings

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Crocs released its first-quarter financial report Tuesday morning, sending its stock rising on revenue and earnings beats. However, doubts regarding the supply of its classic clog styles in the second quarter have tempered expectations. In a Nutshell: When early trading began on Tuesday, Crocs stock rose nearly 8 percent to $30.70 from $28.33. However, once…

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