Wednesday, March 20, 2013

Skullcandy (SKUL) new Chief Executive

Skullcandy Inc. (SKUL) recently announced the appointment of a new president and chief executive. The choice of Hoby Darling, a former executive of Nike Inc. and Volcom Inc., was seen as a smart move by the market as stocks of Skullcandy surged six percent to 5.65 in post-market trading. Skullcandy markets and designs gaming headphones and could in the next few months see an uptick in sale against competitors such as Sony (SNE) and Mad Catz Interactive (MCZ).