Sellers Hit Nike Stock Hard Amid Earnings, Restructuring Worries
Group 1 - Nike is expected to report earnings soon, with anticipation building after a strong performance in late June [1] - Selling pressure has emerged as Wall Street awaits updates on Nike's turnaround strategy [1] - Acuity Brands is set to report its fiscal fourth-quarter results on October 1 [2] Group 2 - Nike's stock has shown signs of breaking out, with JPMorgan predicting an earnings revival for the company [4] - Acuity Brands and other small-cap stocks are gaining attention as they approach key technical benchmarks [4] - The footwear and apparel sector is highlighted, with a specific mention of a segment that saw a 249% increase [4]