NKE is up around 16% last month. Has the long awaited rebound finally begun?
9 replies (most recent on top)
Not just Nike team. Nobody can rebound sh1t. 🤪🤪
This Nike team can’t rebound sh-t.
I was laid off 2 rounds ago and still have a lot of money stuck in ESPP stock. Couldn’t sell as it tanked. Really hope it rebounds!
Well, we could’ve easily been 16% lower now, when compared to $54 we hit last month. At least that didn’t happen. Not sure if it is a true rebound or not, but guess 16% up in a month is indeed good news.
Stock prices are not always reflective of the company’s performance. If investors notice this and believe a rebound is slowly taking shape, then it could quickly go up. Let’s wait and see.
What an achievement for that useless EH, drop the stock by 45% and then give pat on his back saying- see what a turnaround we are up 16% in a month and to the moon after this
Wait until earnings are released - any gain will be a bigger loss.
It hit a low of 54 on intraday trading 30 days ago. If you are celebrating that it’s up $9.24, then ok. But the stock is in the toilet with limited present upside. Economic and global headwinds, tariffs, competition, minimal innovation, poor management, etc. are dragging the stock value. Wall Street sentiment is not good. So yes, the stock is trading $9 up, but at such an extreme low, that I wouldn’t assume it’s due to anything more than institutional bottom fishing and Ru-p reducing the tariffs on China for 90 days.
Just checked NKE 1 month view in iPhone Stocks app. It is up 16.75%. Hope it won’t go down again. :)
Up 16% last month? What are you drinking? Other than a minor bump from when Ru-p reduced his tariff on china, the stock has been in the toilet.