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Nike’s Historic Drop… And Payment Stocks Getting Burned 6/28/24

Nike’s Historic Drop… And Payment Stocks Getting Burned 6/28/24

FromCNBC's "Fast Money"


Nike’s Historic Drop… And Payment Stocks Getting Burned 6/28/24

FromCNBC's "Fast Money"

ratings:
Length:
44 minutes
Released:
Jun 28, 2024
Format:
Podcast episode

Description

Shares of Nike plummeting after reporting results, as the sneaker giant warns of a major sales slowdown. But one of our traders is using the plunge as an opportunity. Plus the fast food price wars are heating up, but could the payment stocks be getting burned in the process. How that space is being impacted. Fast Money Disclaimer
Released:
Jun 28, 2024
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.