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Posted inMarkets, Companies, Earnings Watch, Sector -- Consumer, Weekend Analysis

Nike (NKE) deep dive, April 5, 2026: 15.5% single-day plunge as China guidance triggers mass downgrades

Nike (NKE) suffered its worst single-day decline of 2026 on April 1, closing down 15.52% to $44.62 after Q3 fiscal 2026 earnings beat estimates — revenue of $11.28 billion flat YoY and EPS of $0.35 beating the $0.31 consensus — but management guided Q4 sales to fall 2–4%, with Gr

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