Nike's Sales Outlook Spooks Investors, Stock Drops
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Nikes stock plummets despite earnings beat, as investors worry about a potential sales dip and excess inventory. However, North American wholesale sales surge, and the company trades at its lowest valuation since 2009, potentially attracting bargain hunters.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/c82419ef1fe48bb7