Nike's sales weakness and stock drop

On this episode of Stock Movers:

- Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok.

- Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand.

- BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy Amicus Pharmaceutics, helping expand their treatments for rare diseases.

See omnystudio.com/listener for privacy information.