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  2. Why Nike's Stock Crashed 60% in 4 Simple Charts - AOL

    www.aol.com/why-nikes-stock-crashed-60-104500883...

    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 ...

  3. Nike stock sinks after company projects larger sales decline ...

    www.aol.com/finance/nike-set-report-earnings...

    Nike ( NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue ...

  4. A Once-in-a-Decade Buying Opportunity? This Magnificent ...

    www.aol.com/once-decade-buying-opportunity...

    With the stock's price sinking, Nike now trades at a bargain basement price of around 19 times earnings. That's its lowest level since 2012 and well off its peak of 85 coming out of the toughest ...

  5. Nike, Inc. - Wikipedia

    en.wikipedia.org/wiki/Nike,_Inc.

    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.

  6. Nike stock plunges on weak revenue outlook as company ... - AOL

    www.aol.com/finance/nike-stock-plunges-weak...

    The company's damaging earnings report dragged the stocks of other sports apparel ... Nike stock sank more than 10% Friday after executives gave a weaker sales outlook for markets around the world ...

  7. Why Nike Stock Lost 21% Last Month - AOL

    www.aol.com/finance/why-nike-stock-lost-21...

    Anders Bylund, The Motley Fool. July 7, 2024 at 12:29 AM. Shares of Nike (NYSE: NKE) fell 20.7% in June 2024, according to data from S&P Global Market Intelligence. The athletic apparel and ...

  8. Nike says 'inventory peak is behind us' as stock soars after ...

    www.aol.com/finance/nike-says-inventory-peak...

    Nike’s reported adjusted earnings of $0.85 per share, marking the first year-over-year increase in four quarters, and topped expectations for $0.65. The surge in sales overshadowed the company ...

  9. Nike stock plunges as investors trip over all that inventory

    www.aol.com/finance/nike-stock-plunges-investors...

    Nike's stock plunged around 10% in pre-market trading on Friday following the sneaker giant's latest earnings. The company's ticker page was the most active on the Yahoo Finance platform .