Previous close | 0.0800 |
Open | 0.0800 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 180.00 |
Expiry date | 2025-06-20 |
Day's range | 0.0800 - 0.0800 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Apparel maker Nike nearly doubled the pace of stock buybacks after an earnings disappointment sent shares sliding at the end of June.
Key Insights Given the large stake in the stock by institutions, NIKE's stock price might be vulnerable to their...
Nike's ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival, but the German brand will have to work harder to keep shoppers interested in its key Samba and Gazelle terrace sneakers. The shoes have boosted Adidas sales over the past year, and analysts expect it to report third-quarter revenues of 6.4 billion euros, a 10% increase on a year ago in currency-adjusted terms, when it reports earnings on Oct. 29. "They can still get a tonne of growth out of that because there are still laggards who don't have these shoes yet or maybe didn't want to pay the $100 price point but are willing to pay a $60 price point," she added.