Report Indicates Strong Demand for Crocs' Chameleons, Stock

June 17, 2011

Shares of Crocs, Inc. (NASDAQ:CROX) are up about 5% today after WJB Capital reported that sales of the company's new Crocs Chameleons are strong.WJB Capital said its channel checks indicate the Chameleons are "selling like hotcakes," and that the biggest concern was that Crocs had underestimated demand and hadn't made enough of them.Shares of CROCS are trading up 4.86% at $23.72.