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Cognovi AI Predicted the Collapse in Skechers' (SKX) Stock Price on 4/20/2018
- Cognovi Labs
- Apr 27, 2018
- 1 min read
Updated: Sep 22, 2023
Cognovi’s proprietary consumer motivation score for Skechers (SKX) began to meaningfully deteriorate in December 2017, and turned negative into most of 2018. Upon reconfirmation of this negative motivation signal in April 2018, Cognovi provided its financial service clients with a short-SKX signal, the week prior to the stock’s 27% decline on April 20th.

