Nike Results; Amazon Upgrade; Atlantic Union Jumps
On this episode of Stock Movers:- Nike (NKE) shares are on the upswing this morning after forecasting a smaller-than-expected drop in revenue for the current quarter, a sign that the sportswear company’s earnings trend may have hit an inflection point, analysts say. That comes after a string of strategic moves from CEO Elliott Hill, including a refocusing on sports and a cleanup of inventories.- Nvidia (NVDA) shares are rising as it is close to becoming the first company to reach a $4 trillion market capitalization, after its shares rallied back to a record following a plunge earlier…
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