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Deckers stock split takes hold and shares slip

James Rogers
~1 minute

Shares of Deckers Outdoor Corp. began trading on a split-adjusted basis after market open Tuesday

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UGG is a division of shoe company Deckers Outdoor Corp. Photo: Getty Images

Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.

The stock DECK , which rose premarket, is down 0.3%, while the S&P 500 SPX is up 0.5%.