Nike Earnings and Stock Movement

Mar.22.07 | About: Nike Inc. (NKE)

Nike (NYSE:NKE) reports earnings after the close today. Below we highlight all of NKE's reports going back to the start of the current bull market. We have broken the reports up based on how the stock gapped on the morning following earnings.

When the stock gaps down more than $1 on earnings, it has continued lower from open to close 2 out of 3 times for an average loss of 1.05%. When the stock opens relatively flat or gaps higher, the stock typically continues higher from the open to the close.

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