Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Asset managers adjust stakes in Nike as it reports strong earnings but falling revenue.

flag Asset management firms have been adjusting their stakes in Nike Inc. shares. flag Brown Brothers Harriman & Co. reduced its holdings by 10.9%, selling 238,273 shares, while DnB Asset Management AS increased its stake by 1%. flag Nike reported strong earnings of $0.54 per share, beating estimates, though its revenue fell 9.1% year-over-year to $11.27 billion. flag The company's stock, with a market cap of $93.65 billion, has an average "Moderate Buy" rating with a price target of $87.38.

10 Articles