Here's How Much Nike Stock Is Expected to Move After Earnings Tuesday

Nike will report quarterly earnings after the close Tuesday; some traders say the stock could fall to its lowest level in more than a decade on the results. The upcoming print is a clear company-specific catalyst likely to move Nike shares by several percent and has prompted bearish positioning. Monitor the after-hours release and any management commentary or guidance for directional signals.

Analysis

Nike will report quarterly earnings after the close Tuesday; some traders say the stock could fall to its lowest level in more than a decade on the results. The upcoming print is a clear company-specific catalyst likely to move Nike shares by several percent and has prompted bearish positioning. Monitor the after-hours release and any management commentary or guidance for directional signals.