Nike chart showing one day's performance
https://atomicpoet.org/media/4b9c4f26242d03483f912f9cb1403b9e9df5fba621fdd5af30c676fc5863f8c7.png
I’ll be the first to say that one day’s performance doesn’t indicate the long term for a company.
But it is extremely hard to recover from a -20% drop in a single day.
Nike’s valuation just plummeted by $27B!
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