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Nike’s Historic Drop… And Payment Stocks Getting Burned 6/28/24

Nike’s Historic Drop… And Payment Stocks Getting Burned 6/28/24

Shares of Nike plummeting after reporting results, as the sneaker giant warns of a major sales slowdown. But one of our traders is using the plunge as an opportunity. Plus the fast food price wars are heating up, but could the payment stocks be getting burned in the process. How that space is being impacted. Fast Money Disclaimer

CNBC's "Fast Money"

June 28, 202443m 51s

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Show Notes

Shares of Nike plummeting after reporting results, as the sneaker giant warns of a major sales slowdown. But one of our traders is using the plunge as an opportunity. Plus the fast food price wars are heating up, but could the payment stocks be getting burned in the process. How that space is being impacted.

 

Fast Money Disclaimer


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