Sentiment: Positive
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Nike (NKE) Stock Jumps as Traders Rotate Into Beaten-Down Consumer Names
By Trader Edge at 2026-10-29 05:34
Sentiment: Positive
TLDR Nike (NKE) stock rose 5% Thursday to about $37.19 and was trading near $37.50 on Friday. Volume ran 87% above average, and call buying was 27% above normal as traders left AI names. A Barron’s columnist turned bullish, citing record volume and a $50 target by mid-2027 if $33.75 holds. Last quarter, EPS beat [...] The post Nike (NKE) Stock Jumps as Traders Rotate Into Beaten-Down Consumer Names appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central