Shares of the athletic shoemaker have fallen, but the arrival of the Olympics could signal that a turnaround is set to begin.
(Bloomberg) -- Ahead of Nike Inc. reporting earnings next week, one Wall Street analyst has a message for investors: “Sell the stock.”Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge Fund Talent Schools Are Looking for the Perfect TraderWilliams Trading analyst Sam Poser cut
Nike (NKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.