Iconix Brand (ICON) Stock Is Down Today on COO's Resignation

NEW YORK (TheStreet) -- Shares of Iconix Brand were falling 12.4% to $28.05 on heavy trading volume Monday following the announcement that COO Seth Horowitz resigned from the apparel company. Horowitz tendered his resignation on April 13, 2015, the company announced late Friday. Horowitz served as COO for Iconix for about one year. Iconix said it does not plan to seek a new COO at the moment. The COO's responsibilities will be assumed by the broader Iconic team, according to the company. About 2...