In the latest trading session, Nike (NKE) closed at $73.58, marking a -0.8% move from the previous day. NKE's Q3 results are likely to reflect long-term potential amid short-term hurdles.

As Victor Wembanyama continues to display a career year on the court and win the hearts of many as the one to carry the NBA into the future, he is already also receiving the praise of Nike for ...