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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 ...
August 13, 2024 at 3:26 PM. Shares of Nike (NYSE: NKE) were moving higher today after the sportswear company seemed to benefit from a cooler-than-expected Producer Price Index (PPI) report ...
The share price's weak performance has translated into a cheaper valuation. Nike's stock has a price-to-earnings (P/E) ratio of 20. That's down from about 36 at the start of the year. The P/E ...
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.
Why Nike Stock Jumped Today. 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 ...
August 10, 2024 at 5:30 AM. If you purchased shares of Nike (NYSE: NKE) five years ago, you would be sitting on a loss of 5%, including the positive impact of dividends. That's a wildly ...
Image source: Getty Images. In the fiscal fourth quarter that ended May 31, Nike's sales fell by 2% year over year to $12.6 billion, led by the floundering direct-to-consumer business, which ...
In this video, I will talk about Nike's (NYSE: NKE) recent earnings report, which saw the stock crash 20% on Friday, June 28. *Stock prices used were from the trading day of June 28, 2024. The ...