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Why Nike Stock Jumped 17% in June

The Motley Fool
Summary
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76% Informative

Nike is still reporting declines, but sales and EPS were better than expected in the fourth quarter .

The market was happy with its latest quarterly update, and investors see a path toward a rebound.

Nike has had an awful few years , as its problems have evolved from supply chain issues to inflation.

It's cycled through several CEOs as it tries to work itself back up.