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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.
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 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 ...
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 .
Despite posting Q2 sales and earnings that beat Wall Street's expectations, Foot Locker delivered some bad news for Nike today.
But that doesn't automatically mean it is a buy today. At its current market cap of $24.6 billion, the stock trades at a forward price-to-earnings ratio of 30.4. This is a forward metric based on ...
Before you buy stock in Nike, consider this: 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 ...
Nike shares hit an all-time high of $177.51 in November 2021 as Hill’s predecessor, the retiring John Donahoe, earned plaudits for deftly steering the company through the COVID-19 pandemic.