Bear of the Day: Nike (NKE)
Express News | Nike Inc : RBC Cuts Target Price to $80 From $82
The market's answer to "Trump 2.0": big winners include Tesla, the financial industry, and the oil & gas sector, while big losers are new energy funds, the shipping industry, and European autos.
Tesla soared nearly 15%, reaching the highest level since July 2023, with Elon Musk's personal wealth increasing by $15 billion overnight; benefiting from expectations of relaxed regulations, the financial industry surged, with the KBW Nasdaq Banks Index rising by 10.7%; industries such as wind energy, autos, and shipping in Europe affected by tariffs plummeted, while the surging yields severely hit the real estate sector.
A Closer Look at Nike's Options Market Dynamics
Nike Shares Are Trading Lower. Investors May Be Reacting to the US Presidential Election and Weighing the Potential Impact of Trump's Policies Regarding Tariffs, Trade and China.
Express News | Nike Shares Down Nearly 3%