Crocs is trading 4.1% down at $135.47 after a New York Times report today alleged the company is using a 'single malt' tax strategy in Malta to evade millions in U.S. taxes.
- The report suggests potential IRS scrutiny, back-tax liabilities, and squeezed future profit margins, prompting traders to lock in gains.
- This comes after the stock had surged on August 3–4, following its strong Q2 earnings and raised full-year outlook announced on July 30, 2026.