Fossil earning were not strong and they will probably fall. I wouldn't be surprise if Fossil stock fall to 15$. Misfits purchase does not fit with what made Fossil successful before. The new management lost direction and has lost its vision. I highly doubt the new IT exJCP management will bring anything to the plate. They only bring experience from JcPenny.... We all know where JcPenney is now
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Welcome to 9 months ago. They've had their heads up their asses and locked for years. The Misfit buy is honestly just a real shame for Misfit. I had a Shine and liked it, but I won't be doing that again. Misfit won't even exist as a brand in a year.