Nike Trading Near All-Time Highs
- 6 years ago
Nike's first-quarter earnings are due out after Tuesday's closing bell, reports Business Insider.
Wall Street analysts are expecting earnings of $0.63 earnings per share on revenue of $9.94 billion.
Nike share dove earlier this month after the Colin Kaepernick ad campaign was announced.
However, they have recovered and hit record highs as traders digested the news.
Protests have not forced Nike to face lasting damages and it seems the company's fans are loyal.
Wall Street analysts are expecting earnings of $0.63 earnings per share on revenue of $9.94 billion.
Nike share dove earlier this month after the Colin Kaepernick ad campaign was announced.
However, they have recovered and hit record highs as traders digested the news.
Protests have not forced Nike to face lasting damages and it seems the company's fans are loyal.