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Shares of Steven Madden, Ltd. (Nasdaq: SHOO) spiked after the designer and marketer of fashion footwear said it will explore strategic options to “enhance shareholder value.”
Shares of Steven Madden (SHOO) gained $2.98, ot 15.13%, to $22.67 ahead of the opening. Shares of Steven Madden have been trading in the range of $17.10 to $44.70 for the past 52 weeks.
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