Is Wolverine World Wide, Inc. (WWW) a Stock to Watch After Losing 0.00% This Week?

The market has been down on Wolverine World Wide, Inc. (WWW) stock recently. WWW gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Wolverine World Wide, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WWW!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With WWW Stock Today?

Wolverine World Wide, Inc. (WWW) stock is trading at $15.85 as of 12:00 PM on Friday, Sep 30, a drop of -$0.81, or -4.86% from the previous closing price of $16.66. The stock has traded between $15.07 and $16.12 so far today. Volume today is less active than usual. So far 238,987 shares have traded compared to average volume of 544,367 shares. To screen for more stocks like Wolverine World Wide, Inc. click here.

More About Wolverine World Wide, Inc.

Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. Its portfolio of brands is organized in two operating segments. Wolverine Michigan Group, the highest revenue driver, consists of Merrell footwear and apparel, Cat footwear, Wolverine footwear and apparel, Chaco footwear, Hush Puppies footwear and apparel, Bates uniform footwear, Harley-Davidson footwear, and Hytest safety footwear. Wolverine Boston Group consists of Sperry footwear, Saucony footwear and apparel, Keds footwear, and the Kids' footwear business. In addition to footwear, Wolverine operates a performance leather business predominantly selling footwear. A majority of its revenue comes from the United States. Click Here to get the full Stock Report for Wolverine World Wide, Inc. stock.