Iconix Brand Group (ICON) announced Friday that Seth Horowitz, its COO, resigned on April 13, 2015. The Company does not intend to seek a new COO at this time.
Iconix Brand Group declined sharply until mid-morning Monday and slipped further in the final 90 minutes of trade. Shares closed down by 6.62 at $25.41 on the highest volume of the year. The stock has been falling for the past week and plummeted to a new low for the year.
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