Nike Gaps Up On Earnings: Usually Continues Higher For Rest of Day

Jun.27.07 | About: Nike Inc. (NKE)

Hickey and Walters (Bespoke) submit: Nike is currently trading up $3 in the pre-market, so we looked back at prior times when it has gapped up on earnings.

The table below highlights that the stock has continued higher from the open to the close 70% of the time for an average gain of 64 basis points.

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nike earnings