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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 ...
Can this consumer discretionary stock reverse course, rise 33% from its current $75 price tag, and get to $100 in 2025? Adidas is in second place with a 9% share, showcasing Nike's commanding lead ...
Shares are down 24% this year, with an even steeper 52% decline from its all-time high stock price of $171.71 in November 2021. Nike has struggled to navigate shifting consumer spending trends.
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Shares of Nike (NYSE: NKE) plunged after the athletic apparel and footwear company disappointed investors by forecasting a surprise sales decline for fiscal 2025. The stock is now down about 30% ...
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.
John Joseph Donahoe II (born April 30, 1960) [1] is an American businessman who was the CEO of Nike from January 2020 to October 2024. [2] Early in his career, he worked for Bain & Company, becoming the firm's president and CEO in 1999. [3] He is on the board of directors at Nike, [4] The Bridgespan Group [5] and is chairman of PayPal.
The company's stock had already entered the release down more than 17% over the last year, a far cry from the S&P 500's 26% gain, as investors grew wary of slowing growth at the retailer."We doubt ...