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Image source: Getty Images. Drivers of the Dow. The Dow got off to a slow start in 2024 as big gains in megacap growth stocks carried the S&P 500 and Nasdaq Composite to new heights. But over the ...
Why Nike, Starbucks and Boeing have lost their magic. ... Nicolas Asfouri/AFP/Getty Images. Its stock is down some 25% this year, and revenue fell 10% last quarter from a year earlier. ...
Nike's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time, investors were impressed by its quick recovery from the pandemic, the ongoing expansion of its Nike Direct ...
Nike also expects sales to fall in the current fiscal year. There's no doubt that the brand is in trouble and needs some kind of change. A new CEO certainly isn't out of the question.
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.
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28 September – A 16-year-old boy is arrested in connection with the felling of the Sycamore Gap Tree at Hadrian's Wall, which was cut down overnight. [254] 29 September – A 15-year-old girl and a bus driver are killed, and several children taken to hospital, after a school bus overturns on the M53 motorway at Wirral, Merseyside. [255] [256]
Nike stock has been pushed down to levels that look cheap on a historical basis. The company is now trading at roughly 20 times trailing-12-month profits and approximately 24 times this year's ...