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0 0 0.0204567078972407 0.0204567078972407 -0.000951474785918153 -0.000951474785918153 0.0223596574690772 0.0223596574690772
Stock impact report

Nike Plunges As NBA, Sports Leagues Suspend Season, But Here's Why It Could Outperform Later [Investor's Business Daily]

Foot Locker, Inc. (FL) 
Last foot locker, inc. earnings: 2/28 06:45 am Check Earnings Report
Related news Nike ( NKE ) and key retail partner Foot Locker ( FL ) plunged after the NBA and other sports leagues suspended play, but analysts believe Nike stock could outperform when the crisis from the coronavirus outbreak subsides. Meanwhile other athletic apparel makers including Adidas ( ADDYY ) and Under Armour ( UAA ) fell hard as the coronavirus outbreak's impact on the wider sporting calendar intensified. Athleisure leader Lululemon Athletica ( LULU ) also plummeted. The NBA announced late Wednesday it would be suspending the regular season after Rudy Gobert of the Utah Jazz tested positive for Covid-19. On Thursday, the Jazz said star Donovan Mitchell has also tested positive. Before those coronavirus cases, the league's owners had previously been leaning toward playing games without fans in arenas. Meanwhile, the NHL and Major League Soccer suspended their seasons. Major League Baseball delayed the start of its season by at least two weeks. Late Thursday, the NCAA cancell Show less Read more
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