الجمعة، 29 سبتمبر 2023

Nike stock rallies after earnings beat

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After what's shaping up to the worst month for stocks so far this year, some investors have been zeroing in on a chart indicating a showdown is coming for the S&P 500.


Nike's shares rallied 8% as the apparel maker, which is also part of the Dow Jones Industrial Average, DJIA reported better-than-expected earnings, news that also lifted shares of European rivals including Adidas, +6.81%.






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