AHO
2022-12-22

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@luv2trade：
Nike shares are surging Wednesday after the sportswear company raised its revenue-growth outlook and reported a better-than-expected set of quarterly results. The company also said its inventory challenges are abating, although levels remain elevated. Nike's inventory was valued at $9.3 billion in the quarter ended Nov. 30, up 43% from the prior year. Nike shares recently stood about 13% higher. The stock had fallen 38% this year through Tuesday's close. The sportswear giant is the top gainer in the Dow industrials and the top contributor to the blue-chip index's gains Wednesday. Nike added roughly 90 points to the Dow, which is up around 500 points. @Daily_Discussion
Nike shares are surging Wednesday after the sportswear company raised its revenue-growth outlook and reported a better-than-expected set of quarterly results. The company also said its inventory challenges are abating, although levels remain elevated. Nike's inventory was valued at $9.3 billion in the quarter ended Nov. 30, up 43% from the prior year. Nike shares recently stood about 13% higher. The stock had fallen 38% this year through Tuesday's close. The sportswear giant is the top gainer in the Dow industrials and the top contributor to the blue-chip index's gains Wednesday. Nike added roughly 90 points to the Dow, which is up around 500 points. @Daily_Discussion

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