|Day Low/High||82.15 / 85.90|
|52 Wk Low/High||63.21 / 88.59|
Plus, Tesla got downgraded, in what as divergence in opinions persist.
Nike gave up nearly two months of gains after an earnings release accelerated selling action.
Overall, I viewed Nike's results as good, not great. But good is also not bad.
Nike stock is falling after beating on earnings and revenue estimates. Here's where investors can buy the dip.
Here's what Jim Cramer thinks about some of the biggest headlines in business news Friday.
Kohl's is well positioned to meet both the needs of the debt-strapped consumer and the desire of investors for attractive dividend yields.
Nike shares traded sharply lower Friday after the world's biggest sports apparel company posted weaker-than-expected third quarter sales in its key North American market and noted that a stronger dollar would hit profits over the near term.
Considering the price action is so juxtaposed to analyst actions on Friday, it could be a fine opportunity to jump into Nike before it starts running again.
Jim Cramer explains what he's watching with Nike, Boeing, Uber, Pinterest and Elon Musk.
A slowdown in the company's home region seems to have superseded strong sales elsewhere.
Here is how the current IPO lifecycle will play out, with stops for Lyft and Pinterest.
U.S. futures are sharply lower Friday after a private sector reading of economic activity in Europe slumps to its weakest level in seven years; Nike declines after the athletic apparel giant posts weaker-than-expected fiscal third-quarter sales in North America; Indonesia's national airline seeks to cancel an order for 49 Boeing MAX jets.
Nike beat analysts' earnings estimates, while revenue was in-line.
NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2019 third quarter ended February 28, 2019.
The Fed needs to buy short-term paper RIGHT NOW, and sell off longer-term paper.
U.S. stock futures are mixed following the Federal Reserve's decision to remove any prospect of a rate hike in 2019 while warning of slowing economic growth; Micron rises after it forecasts an uptick in global chip demand over the second half of the year; Nike reports earnings; FBI joins criminal probe into Boeing's 737 MAX jet.
Investors should reduce holdings on Nike on strength to my weekly risky level at $88.48, which was tested at Tuesday's all-time intraday high.
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