Crocs share price jumps on Justin Bieber speculation

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Justin Bieber (Photo: Getty Images)
Justin Bieber (Photo: Getty Images)
  • Crocs, Inc. share price jumped after Justin Bieber shared a pic of the shoes on Instagram.
  • The singer posted a pair of Crocs floating in a pool with the caption "soon".
  • So far, Crocs has not announced any collaborations with Justin, but that has not stopped fans from speculating.

All it took was a photo on Justin Bieber's Instagram of Crocs shoes and the caption "Soon", to send the company's stock jumping Thursday on speculation of a future collaboration with the Canadian pop star.

Bieber is regularly seen wearing the plastic clogs in public.

But after a post showing a pair afloat in a pool to his 148 million followers, and a dose of online speculation, the markets appeared to take notice.

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A post shared by Justin Bieber (@justinbieber) on

Crocs, Inc. jumped over 12 per cent over the day's trading, before finishing nearly six per cent up on Wall Street.

The shoemaking company has not made any announcements regarding Bieber and did not immediately reply to a request for comment.

That said, the brand has worked with celebrities before, including the release this week of a pair done in collaboration with Puerto Rican singer Bad Bunny.

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