Nike's 4Q results blew past analyst estimates and already the shares are jumping 4% in after hours trading. So how come CNBC’s Darren Rovell is so down on the company?
CNBC’s Sports Business Reporter Darren Rovell joins the guys for this conversation.
Rovell thinks Nike (NKE) could go down from here. He feels that spokesman LeBron James is “not getting it done” and LeBron’s shoes “have not blown out.” In addition, Rovell feels Nike’s apparel line is an absolute failure and says if Nike didn’t have Air Jordan’s they would be dead.