Junior Bridgeman, a former N.B.A. player turned successful entrepreneur, passed away at 71 in Louisville, Ky. He amassed a net worth of $1.4 billion through investments in fast-food restaurants, a Coca-Cola bottling business, and a minority stake in the Milwaukee Bucks. Bridgeman’s business acumen and leadership extended beyond basketball, leaving a lasting legacy in both the sports and business worlds.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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