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Home > Swoosh! Nike Nears Correction - Plunges 9.5% From Post-Earnings Highs

Swoosh! Nike Nears Correction - Plunges 9.5% From Post-Earnings Highs

By Tyler Durden
Created 12/24/2015 - 10:21
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/24/2015 10:21 -0500



 

"Great" earnings (ex-FX of course) and an "appealing to a broader retail audience" stock split? Recipe for awesomeness, right? Wrong! Nike is now down almost 10% from its post-earnings peak...

NKE running downhill fast...

[2]

 

Just Don't It!

 

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Source URL: http://www.zerohedge.com/news/2015-12-24/swoosh-nike-nears-correction-plunges-95-post-earnings-highs

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[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/12-overflow/20151224_NKE.jpg