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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 ...
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 (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 .
The news comes as Nike stock has stumbled this year, falling more than 25% amid slowing revenue growth and concerns about the success of the company's pivot to direct-to-consumer sales.
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 sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.The shoe giant ...
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.