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After the company’s grim June earnings call, share prices plunged 20% in a single day, vaporizing $28 billion in shareholder value, and by the end of the year, Nike stock was down nearly 60% ...
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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.
Nike stock popped more than 7% in early trading Friday after the company named a new CEO amid its efforts to reinvigorate slowing sales growth.Nike said Thursday that Elliott Hill, a former Nike ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] 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.
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of September 30, 2024. Jeremy Bowman has positions in Nike and ...
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