Sort of went parabolic after earnings and still in rally mode. Does anybody who is good with crayons think it will come back down to fill the gap?
Valuation seems to be similar or higher than certain tech companies but Nike's revenue is only growing at about 6%. If LULU can act as a guide, wouldnt Nike likely face margin pressures as well? Ontop of that, there seems to be a chance that the consumer will weaken.
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