Justin Bieber Crocs Collaboration Tease Cause Company Stock to Jump 11 Percent

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Crocs are not going anywhere folks. Justin Bieber took to his Instagram to tease a Crocs collaboration.

Following in the footsteps of Bad Bunnyโ€™s glow-in-the-dark Crocs and Post Maloneโ€™s rugged Duet Max Clog from 2019, Bieber is the latest A-list celebrity to lend his twist to the Colorado-based companyโ€™s signature foam clogs.

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Soon

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When reached for comment, a rep for the brand was similarly tight-lipped: โ€œWe told you this Croctober was going to be big. More details coming soon,โ€ they said.

Business Insider reports that the teaser sent Crocsโ€™ share up by over 11 percent on Thursday, trading at a peak of $47.81. While shares later dropped slightly to $45.19 when the markets closed, it was still a 5.8 percent increase for the day.