Nike beat estimates, with a EP

2023-03-22

Nike beat estimates, with a EPS of 0.79 vs 0.55 expected, revenue beat 12 billion vs 11 billion expected. Even better than last quarter. Inventory problems were already an issue last quarter, and clearly did not impact the earnings. People saying it's overvalued don't understand that half of the stocks in the market are overvalued, but with positive and strong guidance it's fair. So why the sell-off today? If overvaluation was an issue, it was already overvalued last weeks? The truth is that there is no reason for the drop AH and today. This is just MM manipulation, and the stock market is turning more and more in a casino everyday. EPS and revenue are a company's major catalysts, but the option sellers with billions said no today.$Nike(NKE)$

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Comments

wealth back
2023-03-23
wealth back
thank you for sharing
Momochoding
2023-03-23
Momochoding
thank you for sharing
HSTew
2023-03-23
HSTew
thanks for sharing 👍
Sirlatesalot
2023-03-23
Sirlatesalot
Thanks for sharing
OldCat
2023-03-23
OldCat
Thanks for sharing
Tiger Sniper
2023-03-23
Tiger Sniper
k

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Inventory problems were already an issue last quarter, and clearly did not impact the earnings. People saying it's overvalued don't understand that half of the stocks in the market are overvalued, but with positive and strong guidance it's fair. So why the sell-off today? If overvaluation was an issue, it was already overvalued last weeks? The truth is that there is no reason for the drop AH and today. This is just MM manipulation, and the stock market is turning more and more in a casino everyday. EPS and revenue are a company's major catalysts, but the option sellers with billions said no today.<a href=\"https://ttm.financial/S/NKE\">$Nike(NKE)$</a> <img src=\"https://community-static.tradeup.com/news/b03c893fdd81c0cfbaa87cdab6e8bf1d\" tg-width=\"-1\" tg-height=\"-1\"></body></html>","htmlText":"<html><head></head><body>Nike beat estimates, with a EPS of 0.79 vs 0.55 expected, revenue beat 12 billion vs 11 billion expected. Even better than last quarter. Inventory problems were already an issue last quarter, and clearly did not impact the earnings. People saying it's overvalued don't understand that half of the stocks in the market are overvalued, but with positive and strong guidance it's fair. So why the sell-off today? If overvaluation was an issue, it was already overvalued last weeks? The truth is that there is no reason for the drop AH and today. This is just MM manipulation, and the stock market is turning more and more in a casino everyday. EPS and revenue are a company's major catalysts, but the option sellers with billions said no today.<a href=\"https://ttm.financial/S/NKE\">$Nike(NKE)$</a> <img src=\"https://community-static.tradeup.com/news/b03c893fdd81c0cfbaa87cdab6e8bf1d\" tg-width=\"-1\" tg-height=\"-1\"></body></html>","text":"Nike beat estimates, with a EPS of 0.79 vs 0.55 expected, revenue beat 12 billion vs 11 billion expected. Even better than last quarter. 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