Why Is Nike Stock Down? Sneaker Giant Tanks To 4-Year Low - Forbes
WEBJun 28, 2024 · Key Facts. 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 March...
Nike stock price down today: Why is the footwear giant …
WEBJun 28, 2024 · Why is Nike’s stock price down? NKE shares plunge after gloomy sales warning The footwear giant said it expects sales to decline in 2025 where analysts had been expecting an increase.
Why Nike (NKE) Stock Is Nosediving - Yahoo Finance
WEBMar 22, 2024 · Shares of athletic apparel brand Nike (NYSE:NKE) fell 8.7% in the morning session after the company reported Q3'2024 results and provided underwhelming guidance for the full year.
Why Nike Stock Lost 21% Last Month | The Motley Fool
WEBJul 7, 2024 · Key Points. Nike shares fell 20.7% in June due to a mixed earnings report with a side of disappointing business trends. Converse brand revenue dropped 18% year over year, while Nike Direct sales...
Why Nike Stock Dropped Today | The Motley Fool
WEBMar 22, 2024 · Shares of global athletic apparel company Nike (NKE 0.40%) dropped on Friday after the company dropped financial results for its fiscal third quarter of 2024. The company's results fell short of...
Nike stock sinks after company projects larger sales decline than ...
WEBJun 28, 2024 · Nike (NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue...
Why Nike Stock Is Falling Hard Today | The Motley Fool
WEBSep 30, 2022 · What happened. Nike (NKE -1.76%) reported results for its fiscal 2023 first quarter after the closing bell Thursday, and investors didn't like what they saw. While the company beat...
Nike stocks see their biggest drop since 2001 amid weak fiscal …
WEBJun 28, 2024 · Nike Inc. shares sank after the sneaker company’s full-year outlook missed expectations, stoking investor concerns about waning demand and competition from upstarts On and Hoka, as well as rival...
Why Nike Stock Tripped and Fell on Wednesday - Yahoo Finance
WEBJan 31, 2024 · Few investors felt like they were winning with Nike (NYSE: NKE) stock on Hump Day. One of its most entrenched and competitive rivals unveiled a set of preliminary annual results, and the numbers...
Nike is in a slump | CNN Business
WEBJun 27, 2024 · Nike (NKE) stock plunged 12% during after-hours trading. Nike faces a consumer slowdown for discretionary goods and tough competition from upstart running brands like Hoka and On.
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