What is the Market's View on Wolverine World Wide, Inc. (WWW) Stock's Price and Volume Trends Friday?

Wolverine World Wide, Inc. (WWW) stock is down 1.54% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

See Full WWW Report

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With WWW Stock Today?

Wolverine World Wide, Inc. (WWW) stock is lower by -3.7% while the S&P 500 is higher by 0.5% as of 9:55 AM on Friday, Nov 10. WWW has fallen -$0.32 from the previous closing price of $8.64 on volume of 151,676 shares. Over the past year the S&P 500 has gained 16.55% while WWW has fallen -29.91%. WWW lost -$3.54 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for 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.