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NKE Jun 2023 70.000 call

OPR - OPR Delayed Price. Currency in USD
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56.550.00 (0.00%)
As of 10:30AM EDT. Market open.
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Previous close56.55
Expiry date2023-06-16
Day's range56.55 - 56.55
Contract rangeN/A
Open interest67
  • Yahoo Finance Video

    Kanye West-Adidas breakup a 'huge opportunity for Nike: Analyst

    Nike (NKE) stock could benefit from the breakup between Adidas and Kanye West, according to one Wall Street analyst. West and Adidas parted ways in October 2022 after multiple public antisemitic comments by the rapper. This ended Adidas' run with West’s popular Yeezy line, leaving the athletic apparel company with significant excess inventory and a moral dilemma over whether or not to offload Yeezy merchandise. If Adidas opts not to sell the merchandise, the company says it could report a loss of $750 million in 2023. The absence of Yeezy leaves a hole in the market for celebrity tie-ups on trendy merchandise, which Barclays analyst Adrienne Yih argues Nike could take over. Nike’s had similar success already, particularly with its Jordan Brand, which accounted for more than $5 billion in revenue during 2022. Nike shares traded lower after the company reported third quarter earnings after the bell on Tuesday. Above, Yahoo Finance's Dave Briggs and Seana Smith discuss Nike's latest earnings report and what's next for Nike for after Adidas severed ties with Kanye West.

  • Yahoo Finance Video

    Stocks moving after hours: Nike, GameStop

    Yahoo Finance Live’s Seana Smith breaks down market movers in after-hours trading.

  • Zacks

    Nike (NKE) Q3 Earnings and Revenues Surpass Estimates

    Nike (NKE) delivered earnings and revenue surprises of 51.92% and 8.55%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?