The Sports concept includes major US-listed companies that offer sporting goods.
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Nike Shares Are Trading Lower After the Company Reported Q2 Financial Results. The Stock Initially Traded Higher, but It Has Since Rebounded.
B of A Securities Maintains Buy on Nike, Lowers Price Target to $90
Market-Moving News for December 20th
Needham Reiterates Buy on Nike, Maintains $84 Price Target
Telsey Advisory Group Downgrades Nike to Market Perform, Lowers Price Target to $80
Nike Analyst Ratings
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Nike's New CEO Blames Promotions For Declining Profits, Says Turnaround Efforts May Hurt As Company Moves To Clear Excess Inventory: 'We Lost Our Obsession With Sport'
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Nike's Earnings Reports show "barely passing" results, and the CEO continues to lower expectations: reversing the situation will be a long process.
Nike's second fiscal quarter revenue and net income both exceeded market expectations, but have yet to reverse the downward trend, warning that the revenue drop in the third fiscal quarter will exceed double digits, stating that getting back on track "will take time."
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