$SKX is one of biggest losers #stocks today. read more:

Skechers U.S.A., Inc. Common St (symbol: SKX) was one of the worst losers
of the trading day today (2016-07-22), losing -22.34%. The number of shares
that changed hands was 32,818,429, or about 13 times the average daily
volume in the stock.
The closing price was $24.99, amounting to a market cap of $3,940,000,000,
about -54.17% off the highest price in the last 12 months. The stock has
been trading at a range between $24.16 and $54.53.
SKX is in the Shoe Manufacturing industry, part of the Consumer
Non-Durables sector. It first went public in 1999.
Looking at its valuation, the stock is now trading at 14.2 times earnings.