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NKE Oct 2023 150.000 call
| Previous close | 0.0200 |
| Open | 0.0200 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 150.00 |
| Expiry date | 2023-10-20 |
| Day's range | 0.0200 - 0.0200 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.12k |
- Yahoo Finance Video
Nike stock downgraded by Jefferies
Nike (NKE) shares are slightly down in early trading as the stock received a downgrade from Jefferies from "buy" to "hold," as well as a price target of $100 a share. Yahoo Finance Live discusses the reasons for the downgrade, including macro headwinds in China and reduced consumer spending in the United States. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Motley Fool3 Stocks to Avoid This Week
With relief in mortgage rates now unlikely for at least another two if not three years, it's not a surprise to see most stocks take a step back last week. The flipper of residential real estate saw its stock plummet 20%, mirroring the 20% plunge in Carvana, which is also susceptible to a stubborn outlook for loans. Opendoor has shed more than half of its value since hitting a 2023 high last month, but the stock has still more than doubled this year.
Motley Fool3 Top E-Commerce Stocks to Buy Right Now
Prices and profit margins are under pressure in 2023 as customer traffic has slowed. Not only are these sales far more profitable for Nike, but they also allow the company to maintain a closer connection to its fans. Nike is not struggling right now, either.
