Fed Meeting Today: Nasdaq, S&P 500 Rise Ahead of Interest-Rate Decision

Shares of Vans owner VF Corp. keep skidding. The stock was recently down more than 6% in Wednesday trading, extending a nearly 14% drop yesterday.

Fed Meeting Today: Nasdaq, S&P 500 Rise Ahead of Interest-Rate Decision

Vans shares continue to slide.

In recent trading on Wednesday, the stock fell more than 6%. This was a continuation of a drop of nearly 14% yesterday. This stock is down about 50% so far this year.

VF, which owns The North Face and other brands, dropped after it retracted its outlook for the current year and reduced its dividend.