2min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Why Nike’s earnings are critical for growth investors

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Is It a Kitchen Sinkhole?

The last two times Nike reported earning the same thing happen where the stock fell sharply into the quarter. If revenues come in at 12.5 billion, if they meet that number with expectations solo, you're probably going to see the company pop. You might see a little bit of short covering, especially people betting again on an option market buying puts over next week.

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