nyseonon
Nike (NYSE: NKE) stock price is not doing well, making it one of the worst-performing name in the Dow Jones. It has crashed by over 47% from its highest level in 2021 and it formed a death cross on the weekly chart, pointing to more downside. The stock has also underperformed Adidas, its biggest competitor, which has surged by over 139% from its lowest point in 2023. Altogether, Nike has risen by 12% in the past five years while the S&P 500 index is up by almost 81% in the same period. On Holding is up to somethingA closer look shows that most industries are being disrupted by newer fast-growi...
Invezz
Key Points On Holdings had a solid quarter marred only by FX headwinds that cut into the top and bottom lines.Analysts are on board with the name and see it moving higher this year.The results suggest solid performance from names like Lululemon and Nike.5 stocks we like better than ONShares of On Holding (NYSE:ONON) were down about 10% following the Q2 earnings release, but this was an opportunity to buy more shares, not cut losses. The company’s results are a testament to execution that includes a lean into direct-to-consumer and digital and also suggest solid results from Lululemon (NASDAQ:L...
ValueWalk
On Holding makes On sneakers with its patented CloudTec cushioning technology for running, tennis, workouts, and hiking.Its popularity continues to grow as sales climbed 92% YoY to CHF366.8 million, crushing analyst estimates of CHF274.68. It also raised 2023 revenue guidance.On Holding is one of the rare retail stocks experiencing margin expansion, expecting margins to climb to 60% by mid-year and taper off to 58.5% for full-year 2023.ONON has a 9.97% short interest.5 stocks we like better than ONQ4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor h...
ValueWalk
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