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The latest analyst notes point to a tougher Nike turnaround, with firms flagging weak sales trends, pressure across key categories and a more challenging earnings outlook.
Stock Market Today: The Dow Jones index rallies 500 points Friday on a surprise jobs report. Nike stock plunges on earnings.
Nike just slipped below its 52-week low while the broader market climbs, but one analyst sees a path to gains that would leave the rest of Wall Street stunned. The question is whether the turnaround math actually works.
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