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0 0.000565530892125004 -0.00113106178424987 -0.000895423912531211 0.00113106178425001 -0.0037230783731561 -0.0106979593760308 -0.012034968660163
Stock impact report

Why Academy Sports (ASO) Shares Are Trading Lower Today [Yahoo! Finance]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: Yahoo! Finance
The negative sentiment followed an 11% plunge in Nike's stock a few days prior, on December 19, after its earnings report revealed significant challenges. Nike's gross margins shrank, which the company linked to rising tariff costs, and its revenue in Greater China fell for the sixth straight quarter. When a major brand like Nike struggles, it often creates concern for the stores that sell its products. The news created downward pressure on retailers like Dick's Sporting Goods, which depend on strong brands to attract customers. This ripple effect likely worried investors that Academy Sports could also face weaker sales or need to increase promotions. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Academy Sports? Access our full analysis report here Academy Sports's shares are very volatile and have had 21 moves greater than 5% over the last year. In that context, today's move indicates the Show less Read more
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