Deckers Outdoor Corporation DECK has witnessed a significant decline over the past month, with its shares plummeting 25.9%, underperforming the Zacks Retail-Apparel and Shoes industry's drop of 7.9%.

U.S. President Donald Trump said on Thursday (April 3) the market slide due to his decision to impose tariffs was expected and the step was needed to heal the economy, which he called a sick patient.