NKE Hits Historic Lows, Downgrade Signals No Significant Rebound
About this episode
Nike (NKE) shares continue to step down to 11-year lows as earnings and guidance show a rocky path ahead for the legacy athletic shoe company. Marley Kayden talks about a downgrade from HSBC adding to the downward pressure for Nike. Prosper Trading Academy's Mike Shorr offers an example options trade for the stock.
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