Tag Archives: Lululemon Athletica Inc

[ad_1] People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia. Konstantin Zavrazhin | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Nike — Nike shares dropped 12% after the sneaker giant said Thursday its inventory was overstocked, up …

[ad_1] Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. Nike on Thursday shared results after the bell that beat top and bottom line estimates , but the stock slumped more …