Shares of Nike $NKE jumped after it beat earnings estimates and cut the stock.
I noticed this week that quite a few people were waiting for this company's results. I personally follow it as well, I like its products and was still waiting though for a possible pullback. So let's get to the results.
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Great, I didn't even get a chance to look at the results, so thanks for the summary. I don't have NKE shares, however I would like to include them in my portfolio, but the stock is still expensive at the moment.