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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 ...
Despite posting Q2 sales and earnings that beat Wall Street's expectations, Foot Locker delivered some bad news for Nike today.
Nike (NYSE: NKE) stock posted substantial gains in Monday's trading trading. The company's share price ended the daily session up 3%, according to data from S&P Global Market Intelligence .
As of 10:30 a.m. ET today, Nike stock was down 7%. ... And now investors await a plan from its promising new CEO to stabilize the business and take back market share.
Nike (NYSE: NKE) is undergoing significant strategic changes following disappointing results. *Stock prices used were the afternoon prices of Oct. 11, 2024. The video was published on Oct. 13, 2024.
Nike's earnings report comes as the stock has slumped over the past year amid slowing sales growth. ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.
Nike's stock is trading around multi-year lows. Shares of apparel and footwear company Nike (NYSE: NKE) are down more than 25% this year, as the company is struggling to generate much growth of ...
Nike (NYSE: NKE) shares sank after the athletic apparel and footwear company reported disappointing sales and pulled its guidance for the year. The stock is now down more than 20% year to date.