TransWorld Action Sports Stock Index Posts Another Record High In February

As the Dow Jones continues to post record highs this week, the tallies for the February TransWorld Business Action Sports Index (TWBASI) also broke another record, closing February at more than 39.5.

The uptick from last month, which marked the index’s previous high, came primarily on the shoulders of a strong 8% jump from V.F. Corp, as well as upticks from Zumiez, Vail Resorts, PacSun, and Jarden. This month’s underperformers included The Buckle, Quiksilver, and Skullcandy, all of which have seen shares drop after releasing earnings numbers this week, especially Skullcandy, which is off more than 20% today, March 8.