Williams Trading's Sam Poser on Nike earnings as stock sees worst trading day since 2024
Um, let's turn to another retail loser today. That would be Nike. The stock falling 15% following its earnings last night.While headline numbers beat its guidance misestimates, the stock is now at an 11-year low as it continues to focus on a turnaround that brought back former CEO Elliot Hill in 2024. The company admitting on the call that parts of the turnaround are taking longer than expected. Our next guest has lowered his price target from 80 to 57, but still got a buy rating on the stock.Let's bring in ...