Nike stock has lost 14% The downfall happened after the company released its quarterly report indicating net income to fall by 22%. What’s Next? Consider the aftermath of this report a good entry into a series of trades that use trend reversal strategies. After an intense momentum drop, the price typically returns to where the decline started. Keep in mind that Nike is a sponsor at the 2022 World Cup in Qatar Olymp Trade Investment 11.2K views12:19
