In late June, Nike reported a solid fiscal 2023 and was optimistic about a strong consumer. Since then, many retail companies have reported weak results and provided bleak guidance.
Athletic footwear and apparel maker NIKE Inc. NYSE: NKE stock is down 16.7% year-to-date (YTD). The recent earnings warnings from sports retailers DICK'S Sporting Goods Inc. NYSE: DKS and Foot Locker

Nike's Valuation Is Starting To Look Reasonable

04:49pm, Tuesday, 29'th Aug 2023
Nike's valuation has dropped 24.1% from its 52-week highs, making its valuation look much more reasonable at 30.8x TTM P/E. The company's latest results show slowing growth, with decreased gross margi
Financial opportunities are as abundant as they are volatile. Seizing a selected group of blue-chip stocks to buy could lead to unparalleled investor growth.
Nike's profits are down compared to a couple of years ago. The company did a masterful job of reducing its reliance on wholesale orders.
Bob Drbul, Guggenheim Securities retail analyst, joins 'Squawk on the Street' to discuss why Drbul's sticking with his price target for Nike, why there's been weakness in Nike stock, and Drbul's issue
The 'Fast Money' traders talk this week's Chart of the Week, Nike.
Brian Nagel, Oppenheimer, joins 'Power Lunch' to discuss Nike as the stock faces a losing streak.

3 Very Oversold Dow Stocks to Buy Right Now

07:19pm, Thursday, 24'th Aug 2023
The market tends to overreact to corporate financial results, leading many analysts on Wall Street to dub quarterly earnings reports the “silly season.” Many stocks rise or fall by 20% or more imm
Dana Telsey, Telsey Advisory Group CEO, joins 'Closing Bell Overtime' to talk retail earnings, the state of the consumer and more.

The technical trade on sold-off staples

03:28pm, Thursday, 24'th Aug 2023
Carter Worth, Worth Charting founder and CEO, joins 'Power Lunch' to give the technical read on some stock sell-offs.
Nike Inc (NYSE:NKE) is in the midst of a record losing streak, fresh off 10-straight daily losses, amid stockpiling inventory and China's consumer woes.
Ongoing dynamic market fluctuations provide an ideal environment to hunt for bargain stocks. “Buying on the dip” is a tactic savvy investors employ to capture quality stocks while they're momentar

Why Nike Stock Dropped Today

03:17pm, Wednesday, 23'rd Aug 2023
Nike stock is declining after Foot Locker posted weak second-quarter 2023 results this morning. Foot Locker management blamed the performance on softening retail trends and increasing price sensitivit
Shares of Nike fell for the tenth straight day on Wednesday, putting it on track for its longest losing streak since it went public in 1980.
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