Nike, On Holding stocks rise on earnings
Yahoo Finance Live’s Rachelle Akuffo discusses the rise in stock for Nike and On Holding.
Video transcript
RACHELLE AKUFFO: Checking in on a trending ticker here, shares of Nike up more than 1 and 1/2%, ahead of the retail giant's earnings out after the bell today. The Street is expecting to see earnings to decline and revenue to rise on the year. The company also may be getting a boost after its sneaker competitor On Holdings broke out strong earnings and guidance.