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Nike misses forecast, stock tumbles

 
shovelbum
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09/25/2018 06:59 PM
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Nike misses forecast, stock tumbles
Guess it isn't good for companies to get political.

They won't learn though.
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Metal-American

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09/25/2018 07:03 PM

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Re: Nike misses forecast, stock tumbles
Nuck fike.
Isaiah 40:31 - But they that wait upon the Lord shall renew their strength; they shall mount up with wings as eagles; they shall run, and not be weary; and they shall walk, and not faint.

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Anonymous Coward
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09/25/2018 07:04 PM
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Re: Nike misses forecast, stock tumbles
Ha ha!
Tynyyn

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09/25/2018 07:04 PM

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Re: Nike misses forecast, stock tumbles
They will wrap a baby seal in a Nike blanket and hand it over to a Inuit kid which will send the world into a tizzy. Nike will live through this, yet the bump in stock price will hurt temporarily. Watch TV tomorrow and see how many Nike commercials featuring baby seals, kids in wheel chairs, old folks dancing etc. any I bet you will get sick quickly.
BRIEF

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09/25/2018 07:05 PM

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Re: Nike misses forecast, stock tumbles
nike
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jake

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09/25/2018 07:07 PM
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Re: Nike misses forecast, stock tumbles
so all their fake hipe of faking sails

was a fail? glad to hear it
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Deep State

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09/25/2018 07:08 PM
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Re: Nike misses forecast, stock tumbles
Link?
Force King

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09/25/2018 07:09 PM

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Re: Nike misses forecast, stock tumbles
Bengaz
Should have went with a winner.
Bread Crumb

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09/25/2018 07:10 PM
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Re: Nike misses forecast, stock tumbles
stock price is up about $7 in the last month - [link to www.google.com (secure)]
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Deep State

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09/25/2018 07:12 PM
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Re: Nike misses forecast, stock tumbles
stock price is up about $7 in the last month - [link to www.google.com (secure)]
 Quoting: Bread Crumb


hesright
Anonymous Coward
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09/25/2018 07:31 PM
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Re: Nike misses forecast, stock tumbles
From a separate thread that mentioned Nike stock:

Thread: Sandwich Chain Closes Because Customers Can't Stomach That Owner Met Donald Trump

.

Look what has happened with Nike stock now, up 6 billion since you "people" started burning your own shoes lol.

 Quoting: Hell Sent


Clearly, you've never traded a single stock in your young, Libtarded life.

No, Nike stock is NOT "up 6 billion" as a result of Kaepershit.

Nike shares were trading at about $50 a YEAR ago, and have steadily climbed to mid-$80's.

HOWEVER, that had NOTHING to do with Kaepershit.

That ad only came out 3 weeks ago when the stock was trading at about $83.

The ad came out, and the stock immediately pulled back to $80, then quickly recovered and advanced only $2 per share over what it was trading it just before the ad ran.

So there you have it, fuckhead.

The TRUTH is that the stock has only advanced $2.00 per share since the ad ran.

And I predict the investors buying the stock are going to lose money because it's already vastly OVERPRICED, trading at 3 times the average PE ratio.

With millions of Americans boycotting the brand, sales will definitely slow over the next 4 quarters, and as those earnings reports come out, I believe investors are going to be in for an unhappy surprise.

So you can gloat now, dipshit, but wait and watch what happens over the next 12 months.

.
shovelbum  (OP)

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09/25/2018 07:38 PM
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Re: Nike misses forecast, stock tumbles
Stocks are down today on sales news last quarter which ended before the Kaepernick drama.

Stock prices are high partly due to Nike buying up 18 million shares last quarter alone.
shovelbum  (OP)

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09/25/2018 07:40 PM
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Re: Nike misses forecast, stock tumbles
Nike is in the process of repurchasing $15 billion in shares.
okydoky

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09/25/2018 07:40 PM
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Re: Nike misses forecast, stock tumbles
ohhhhhhhhhhhhhhhhhhhhhh but don't you know the News has them making cazillions!!!!
Anonymous Coward
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09/25/2018 08:17 PM
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Re: Nike misses forecast, stock tumbles
so all their fake hipe of faking sails

was a fail? glad to hear it
 Quoting: jake


Their first shoes, that are so collectable now, ended up in big boxes at Jones Discount store.
Emoj

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09/25/2018 09:05 PM
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Re: Nike misses forecast, stock tumbles
No just no. Nike is the strongest performing stock on the Dow Jones this year bar none. They excedded analysts expectations but the stock did drop due to strong sales, people cashing in but is one of the highest rated stocks for a long term investment.

"Nike was under pressure after the bell Tuesday even after topping analysts' earnings and sales estimates for its recent quarter".

[link to www.cnbc.com (secure)]

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