Recap: Nike Q1 Earnings
Nike(NYSE:NKE) stock fell by 6.26% on Friday after the company reported its Q1 earnings results on Thursday, September 23, 2021 at 04:15 PM.
Here's what investors need to know about the announcement.
10 Biggest Price Target Changes For Monday
Morgan Stanley cut Amazon.com, Inc. (NASDAQ: AMZN) price target from $4,300 to $4,100. Amazon shares fell 0.6% to $3,406.00 in pre-market trading.
Barclays Maintains Overweight on Nike, Lowers Price Target to $185
Barclays analyst Adrienne Yih maintains Nike (NYSE:NKE) with a Overweight and lowers the price target from $194 to $185.
48 Biggest Movers From Friday
Gainers
ZIVO Bioscience, Inc. (NASDAQ: ZIVO) shares climbed 58% to close at $5.45 on Friday.
Benzinga’s Bulls And Bears Of The Week: Apple, Bitcoin, Disney, Microsoft And More
Benzinga has examined the prospects for many investor favorite stocks over the past week.
Last week's bullish calls included picks from Gene Munster and the maker of a potentially blockbuster Alzheimer's treatment.
Supply Chain Woes Drag Down Nike Sales
Snarled supply chains and lost production from factory closures due to COVID are dampening Nike Inc.'s revenue growth through a combination of lost sales and higher transportation costs.
Mid-Afternoon Market Update: Dow Rises 40 Points; Meredith Shares Spike Higher
Toward the end of trading Friday, the Dow traded up 0.12% to 34,805 while the NASDAQ fell 0.13% to 15,033.02. The S&P also rose, gaining 0.12% to 4,454.25.
Trade Options Like A Pro — Check Nike’s Big Money Trades
Today, Benzinga's options scanner spotted 33 uncommon options trades for Nike (NYSE:NKE). The overall sentiment shows 75.76% of the big-money traders are bullish on the stock and 24.24%, bearish.
Where Nike Stands With Analysts
Nike (NYSE:NKE) has observed the following analyst ratings within the last quarter:
Why Skechers Stock Is Falling Today
Shares of footwear, apparel and sporting goods companies including Skechers USA Inc (NYSE: SKX) are trading lower in sympathy with Nike Inc (NYSE: NKE), which reported worse-than-expected first-quarter fiscal 2