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Sunday, April 5, 2009

Crocs shares hop 21 percent


Share's of Crocs Inc jumped more than 21 percent Thrusday after the Niwot based company annouced a cash tender offer for employee stock options .

Crocs issued the offering in response to sinking market price of its common stock and the subsequent loss in options value , officials said in filing made with the Securities and Exchange Commission .





Wire reported