Walmart Stores Inc. (NYSE: WMT) will not renew its license to distribute Iconix Brand Group Inc.'s (Nasdaq: ICON) DanskinNow. Shares of Iconix Brand plunged $3.06 to close at $1.85 while Walmart stock dropped $1.22 to close at $86.95.
Iconix Brand license with Walmart not renewed
October 30, 2017 at 17:13 PM EDT
