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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 ...
August 13, 2024 at 3:26 PM. Shares of Nike (NYSE: NKE) were moving higher today after the sportswear company seemed to benefit from a cooler-than-expected Producer Price Index (PPI) report ...
The share price's weak performance has translated into a cheaper valuation. Nike's stock has a price-to-earnings (P/E) ratio of 20. That's down from about 36 at the start of the year. The P/E ...
Nike's financials. The company's latest quarterly results reflect how deeply those earlier strategic mistakes hurt it. In its fiscal 2024, which ended May 31, revenue rose by less than 1% to $51 ...
It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. [ 6 ][ 7 ] The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971.
Why Nike Stock Jumped 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 ...
July 11, 2024 at 1:44 PM. Shares of athletic apparel company Nike (NYSE: NKE) plunged 30.6% in the first half of 2024, according to data provided by S&P Global Market Intelligence. When taking out ...
Here are five reasons long-term investors should be scooping up shares of the Swoosh today. 1. Nike still dominates professional sports. Nike's competitive moat starts and ends with its branding ...