Dr. Marten's stock is plummeting — and boots may be to blame
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Francisco Velasquez (via Quartz)
Consumers in the U.S. are holding off on purchasing boots — and Dr. Martens is bearing the brunt. Dr. Martens stock was down by more than 34% Tuesday morning, all the way $0.78 per share, after the company warned of a challenging fiscal year 2025 outlook and a decline in its U.S. wholesale market. Read more...