Steven Madden Ltd. (SHOO) Soars 1.82%

Steven Madden Ltd. (SHOO) Soars 1.82%

Steven Madden Ltd. is a Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children.

Steven Madden Ltd. (SHOO) had a good day on the market for Wednesday November 18 as shares jumped 1.82% to close at $30.75. About 1.28 million shares traded hands on 14,472 trades for the day, compared with an average daily volume of n/a shares out of a total float of 83.19 million. After opening the trading day at $30.49, shares of Steven Madden Ltd. stayed within a range of $31.52 to $30.40.

With today’s gains, Steven Madden Ltd. now has a market cap of $2.56 billion. Shares of Steven Madden Ltd. have been trading within a range of $44.80 and $16.38 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company’s revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue, while the wholesale accessories and retail segments contribute sizable amounts. Geographically, most sales are in North America and South Africa, but the company’s products also reach Europe, Asia, and Australia.

Steven Madden Ltd. is based out of Long Island City, NY and has some 4,000 employees. Its CEO is Edward R. Rosenfeld.

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