Iconix Brand Group, Inc ‘s (ICON) MACD indicator has moved into bearish territory with a reading of -0.2135 The Zacks #4 Rank (“Sell”) stock decreased more than 1.58% to $17.44 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past two month to $1.80 per share.
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