Joined Dec 2010
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Forum Thread
Where does Nike (NKE) go from here?
July 10, 2024 at
05:13 PM
Thread Details
Nike's stock recently faced significant headwinds, dropping around 20% following their latest earnings report.
Despite beating EPS estimates, their revenue declined by 1.6% year-over-year, and they've been downgraded by multiple research firms. Given this volatility and market uncertainty, do you see this as a buying opportunity or a signal to stay cautious?
What do you see as tge potential risks and rewards of investing in Nike at its current levels?
Despite beating EPS estimates, their revenue declined by 1.6% year-over-year, and they've been downgraded by multiple research firms. Given this volatility and market uncertainty, do you see this as a buying opportunity or a signal to stay cautious?
What do you see as tge potential risks and rewards of investing in Nike at its current levels?
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