Nike Stock Falls as Margins Drop & Inventory Grows…Should You Weather the Storm or Sell Now?

By |2023-12-07T21:11:16+00:00September 30th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Nike stock plunged 12% this morning after another earnings report that missed expectations. While revenue and EPS figures came in strong, the margins slipped up a bit - which has only been exacerbated by inflation. But the real reason analysts and investors alike have growing concern over the trajectory of Nike? Inventory. Their inventory [...]