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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 ...
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'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 ...
Michigan Wolverines logo and the jumpman logo at the Nike flagship store on the Magnificent Mile in Chicago during the week before the opening game for the 2016 Michigan Wolverines football team In 1997, Air Jordan selected the first Jordan Brand sponsored schools: Cincinnati Bearcats , St. John's Red Storm , and North Carolina A&T Aggies [ 12 ]
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Nike’s problems stem from its own strategic missteps — like not focusing enough on making cool shoes — as well as growing competition from younger upstart brands like Hoka and On.
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