28. "Right...due to the death of retail and shopping stores" In response to In response to 24 Fri Jun-26-20 05:34 PM by allStah
But just from news of getting with Kanye, the stock rose from the dead.
That's the point. That's the effect that he has, or from the news, that it jumped 2 dollars just off the concept of a collaboration.
This would be a great time to buy the Gap. It used to be 20 + dollars a share, and is trading at 12 dollars a share. The deal with Kanye is for 10 years.
Buy, and buy a lot on this one. It can do nothing but go up at this point.
But in the mean time, Nike got its guidance extremely wrong. Again the street was expecting a 5 cent increase on EPS....nike lost 51 cents on EPS! That's huge.
It's funny that both happened on the same day....has a poetic justice ring to it.
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