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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 ...
Nike (NYSE: NKE) is undergoing significant strategic changes following disappointing results. *Stock prices used were the afternoon prices of Oct. 11, 2024. The video was published on Oct. 13, 2024.
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 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 ...
Despite posting Q2 sales and earnings that beat Wall Street's expectations, Foot Locker delivered some bad news for Nike today.
As of 10:30 a.m. ET today, Nike stock was down 7%. ... And now investors await a plan from its promising new CEO to stabilize the business and take back market share.
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 ...
The world's largest footwear maker still has a lot to prove.