
2 Minutes with Joey - NKE Stock News
NKE Today - Aug 06: Downgrade and JPMorgan Verdict
Hey there! It’s Joey here, just your friendly neighborhood investor breaking down the day. Today, we’re talking about Nike, and it was a red day for the stock. It slipped about three-quarters of a percent. Ouch!<br /><br />So, what went down? Well, Nike got smoked today. There was a lot of chatter about a downgrade to “sell” from some analysts, which always gets people nervous. But that’s not all. There was also news that JPMorgan is warning about a potential hit to Nike's earnings, possibly around a billion bucks. Yeah, that one stung. When big banks start thro...






