00:00It's Benzinga bringing Wall Street to Main Street.
00:02Nike shares fell more than 3% Monday, hitting a fresh 52-week low of $39.41
00:09as rival On Holding issued mixed second-quarter results and full-year guidance, according to
00:15Benzinga. On Holding reported earnings of $0.44 per share, beating estimates, while sales of $1.076
00:23billion missed expectations, Nike remains below its 20-day, 50-day, 100-day, and 200-day moving
00:32averages. Its MACD is also below its signal line, while a death cross formed in November
00:372025 remains in place. Nike shares were trading at $39.29 in Tuesday's pre-market trading.
00:45For all things money, visit Benzinga.com.
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