Why Is Nike Stock Down? Sneaker Giant Tanks To 4-Year Low
Jun 28, 2024 · It’s broadly been a bad stretch for athletic clothing and sneaker companies—shares of Lululemon (stock down 17% over last three years), Adidas (down 26%) …
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Why Is Nike Stock Down? Sneaker Giant Tanks To 4-Year Low
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Jun 28, 2024 · It’s broadly been a bad stretch for athletic clothing and sneaker companies—shares of Lululemon (stock down 17% over last three years), Adidas (down 26%) …
forbes.com
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Nike Plunges Almost 20% In Steepest Drop Since 2001
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Shares of Nike nosedived Friday, setting multiple dubious milestones as the sneaker and athletic wear company faces investor dissatisfaction.
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Nike Stock Runs Toward Best Day Of 2024 After CEO Change From …
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Sep 20, 2024 · Wall Street’s impatience was reflected in the company’s most recent financial results, as the stock tanked 20% in June to a 4-year low when Nike disclosed it expected a …
forbes.com
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Nike Stock Plunges As Sneaker Giant Reveals $2B In Cost Cuts
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Dec 22, 2023 · Nike’s stock closed down 12% at $108.04. Nike announced the plan as part of its second-quarter earnings report also released Thursday , when it posted disappointing sales, …
nypost.com
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Why Is Nike Stock Down? Sneaker Giant Tanks To 4-Year Low
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Jun 29, 2024 · Nike’s inventory was down 20% by shut, notching the worst day in its 44-year historical past as a publicly traded firm. The plummet despatched Nike’s share value to its …
recentlyheard.com
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Nike Stock Tanks Pre-Market After Guidance Withdrawal, Investor …
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Oct 2, 2024 · Nike Inc. shares plunged more than 7% in pre-market trading on Wednesday after the sneaker giant withdrew its annual guidance and postponed its investor day event. The …
stocktwits.com
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Analysts Revisit Nike Stock Price Targets After Major CEO Shakeup
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Sep 20, 2024 · Nike , which has lost around $45 billion in market value this year, is currently trading where it was prior to the Covid pandemic in 2020 and is one of the weakest five-year …
yahoo.com
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Why Is Nike Stock Down? Sneaker Giant Tanks To 4-Year Low
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Jul 25, 2024 · Nike’s stock was down 20% by close, notching the worst day in its 44-year history as a publicly traded company. The plummet sent Nike’s share price to its lowest price since …
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Nike Expects More Sales Declines As It Attempts A Comeback
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Jun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow.
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Nike Stock Price Down Today: Why Is The Footwear Giant Struggling ...
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Jun 28, 2024 · Nike stock has had a bad first half of the year Before today’s premarket fall, Nike’s stock had been having a rough year anyway. In January, the stock had traded at over $107 …
fastcompany.com
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Why Nike Stock Is Losing Ground Today | The Motley Fool
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Jun 28, 2024 · Growth remains an issue for this retail giant. ... Why Nike Stock Is Losing Ground Today. ... But revenue of $12.6 billion was down year over year and came in about $250 …
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Nike Stock Dives After Sneaker Giant Scraps Investor Day Amid CEO …
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Oct 2, 2024 · Shares sank roughly 5% Wednesday morning, however, after the company withdrew its full-year guidance and postponed its investor day indefinitely during Nike’s latest …
yahoo.com
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Nike Shares Down Nearly 20%, Worst Day On Record - Sports …
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Jun 30, 2024 · Even before Friday’s tumble, Nike’s stock had been “heading steadily downward” after climbing above $170 in November 2021. Shares closed Friday at $75.36. Before Friday, …
sportsbusinessjournal.com
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Why Nike Stock Was Down On Friday - Yahoo Finance
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The footwear giant is down 20% in the past year, while the S&P 500 has soared 21%. Friday's decline was sparked by news that Nike is laying off part of its workforce, potentially reflecting ...
yahoo.com
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Why Nike Stock Was Down On Friday - Nasdaq
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Feb 16, 2024 · The footwear giant is down 20% in the past year, while the S&P 500 has soared 21%. Friday's decline was sparked by news that Nike is laying off part of its workforce, …
nasdaq.com
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