6:07 PM · 14 April 2022

Nike expects higher sales in China

Nike (NKE.US) stock rose over 4.5% on Thursday after JPMorgan said  China-related headwinds could be easing up even amid new lockdown restrictions, paving the way for increased sales momentum. Analyst Matthew Boss maintained an Overweight rating and $164 price target and stated Nike management sees China as "on pace" to deliver "sequential improvement." Momentum was driven by consumer response to increased product supply and marketing, he added. Nike could also continue to expand gross margin as higher demand and lower supply has given the brand better pricing power, Boss wrote.

Nike (NKE.US) stock launched today’s session with a bullish price gap and is currently testing major resistance at $134.50 which coincides with 38.2% Fibonacci retracement of the upward wave launched in March 2020. Source: xStation5

21 August 2026, 5:10 PM

Ross Stores: "Only" good earnings, or a recession signal?

21 August 2026, 3:07 PM

US OPEN: The market takes a shallow breath after intervention in US debt

21 August 2026, 10:43 AM

Market Wrap: European Indices Rise, CTS Eventim Falls After Earnings 🚩 Metals Gain Amid Bond Market Strains

20 August 2026, 6:41 PM

Daily Summary: Dollar Recovers Losses, Oil Near 3-Week Highs 🗽 US30 Falls 1%

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits