Quiksilver, Inc. (ZQK) Falls 40%, In Win For Kerrisdale

Kerrisdale Capital is collecting some serious profits on its short call on Quiksilver, Inc. (NYSE:ZQK). The stock dove over 30% yesterday after the sports gear and clothing company released lower-than-expected earnings for 2Q2014 and much weaker guidance for FY2014 than anticipated.

You can read Kerrisdale's latest thesis on Cardtronics, Inc. (NASDAQ:CATM).

Kerrisdale said Quiksilver is going out of fashion . . .


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