Why Nike Stock Is Skyrocketing Today
(NYSE: NKE) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m. ET. At the same point in the daily session, the S 500 index was up 0.5%.
After yesterday's market close, Nike published results for the fourth quarter of its last fiscal year -- which ended May 31. In addition to reporting sales and earnings for the period that topped Wall Street's expectations, the company also laid out forward guidance that has investors feeling bullish.
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Source Fool.com
Nike Inc. B Aktie
38,98 €
0,48 %
Nike Inc. B ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 66 € für Nike Inc. B könnte zu einer Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 38.98 € führen.
