In after-hours trading, medical device maker Dexcom plunged about 38% after releasing disappointing fiscal full-year guidance. Footwear company Deckers reported fiscal first-quarter earnings and revenue that exceeded analysts’ expectations, boosting shares by roughly 10%. Stocks are poised to end the week with declines, as investors on Thursday added to the previous session’s steep losses by dumping some megacap tech and artificial intelligence-tied stocks. The activity seemed to be part of a b...
103706768
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Appearal giants lower PE better they dont grow much margin like tech stock but normally discretionary gets overvalue during bullmarket. Its undervalued now
103706768
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Chill, its down 70% from ATH right now. Normally discretionary stocks do well during recessions cuz they are so beat up, nike is better to be in than tech and banks stocks
Prosperity8888
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It will never hit 60s. Nike is not a tech stock. With the Olympics coming the stock should rebound over this period to 76 or higher. It is currently been dragged down by this bearish trend. If not would have recovered to above 73
103995812 : Omg, please dont joke until my toes laugh.