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Why Nike's Stock Crashed 60% in 4 Simple Charts. Leo Sun, The Motley Fool. July 24, 2024 at 6:45 AM. Nike's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time ...
As of 10:30 a.m. ET today, Nike stock was down 7%. Nike's unanswered questions Nike just hired Elliott Hill as its new CEO, but he doesn't start for about another two weeks.
In this video, I will go over Nike's (NYSE: NKE) second-quarter earnings report and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the ...
Nike's stock plunged after a disappointing earnings report and weak near-term outlook. What's next for the footwear and sporting goods titan?
The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
Data source: Nike. All columns are for the fiscal first quarter, ended Aug. 31. As you can see in the table, Nike's revenue and gross margins have flatlined while its earnings are down.
The crash of the New Zealand stock market was notably long and deep, continuing its decline for an extended period after other global markets had recovered. [71] Unlike other nations, moreover, for New Zealand the effects of the October 1987 crash spilled over into its real economy, contributing to a prolonged recession.
The Air Accidents Investigation Branch neither criticised nor exonerated Smith in relation to the crash (it being beyond its remit to do so), concluding simply that "examination of the helicopter [including flight control, fuel, engine control, dynamic systems and the engine itself] revealed no failure or unserviceability that could have ...