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Wrapping Up 1H: Post-Debate Markets, Trump-Friendly Stocks, Nike Tumbles 6/28/24

Squawk on the Street

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Nike's Market Performance and Analyst Reactions

The chapter delves into Nike's disappointing revenue miss, with analysts expressing surprise at the significant downgrades the company received. It compares Nike's current performance to a previously strong quarter, emphasizes the importance of humility in leadership, and analyzes consumer behavior towards prices and bargains.

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