Quiksilver’s stock fell 18 percent in early morning trading as investors worried about the high interest rates on its new financing agreements and other issues regarding its liquidity.
Here’s a link to the Associated Press story about the drop in Quik’s stock price this morning.
Quiksilver executives, however, were upbeat yesterday about its restructuring and being able to keep its three main brands.
For more about Quiksilver’s financial restructuring, click here.