Why Nike (NKE) Is Falling Despite Positive Earnings Report

Published: June 28, 2022, 10:40 p.m.

b"China and supply chain flows are likely seeing factors that could produce an upside for Nike (NKE), says John Kernan. He and Sucharita Kodali discuss the takeaways from NKE's earnings. They talk about why NKE is falling despite a positive earnings report. They then go over how Cowen is maintaining an outperform rating on NKE and lowered its price target to $127 from $133. They also cover the best positioned athletic-wear stocks. Tune in to find out more."