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Nike (NYSE: NKE) is a ubiquitous sportswear brand with a trailing 12-month revenue of $49 billion. The lower share price means that investors can buy the stock at a lower multiple of Nike's sales ...
The company's shares are down almost 12% in after-hours trading, after Nike trimmed its annual sales forecast and unveiled a plan to cut $2 billion in costs. ... USA TODAY. Toxic fallout from LA ...
The stock was also helped after Starbucks soared on news it was replacing its CEO, since many on social media said they would like Nike to make a similar move. Shares of Nike were up 5.3% as of 2 ...
Stocks moving in after hours: Nike, FedEx, Workday. For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Even after today's pop, Nike stock is still down 58% from its high. ... Nike looks like a worthwhile long-term investment at current prices. Should you invest $1,000 in Nike right now?
Shares are down 24% this year, with an even steeper 52% decline from its all-time high stock price of $171.71 in November 2021. Nike has struggled to navigate shifting consumer spending trends.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nike wasn’t one of them. The 10 stocks that made the cut could ...
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