Shares of Nike are tumbling this morning. As of the time of this writing, the company's stock (ticker: NKE) is down over 14% to $80.65 per share in premarket trading.
Nike posted dismal fiscal 2025 guidance that sent shockwaves through Wall Street, leading at least six investment banks to downgrade the stock. Analysts at Morgan Stanley and Stifel called Nike's mana
Shares of Nike (NKE) are slipping after the company reported earnings following yesterday's market close. The footwear and apparel company slashed its full-year guidance, expecting sales to drop 10% d
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the l
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the l
NIKE's (NKE) strategic efforts, including progress on the Consumer Direct Acceleration strategy, appear encouraging. It posts robust earnings results in fourth-quarter fiscal 2024.
Lorraine Hutchinson, Bank of America analyst, joins 'Money Movers' to discuss Nike's latest earnings and more.
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the l
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the l
Sam Poser, Williams Trading analyst, joins 'Squawk on the Street' to discuss Nike after the shoe brand company tumbled on weak guidance in their latest earnings report.
Shares of Nike nosedived Friday, setting multiple dubious milestones as the sneaker and athletic wear company faces investor dissatisfaction.
Nike (NKE) relied way too long on lifestyle products, classic styles, things that have been around since the 1980s, and ultimately you need to have innovation, notes Wedbush's Tom Nikic. He talks abou
Nike stock is spiraling Friday after the athletic and apparel retailer missed sales estimates for its most recent quarter and lowered its outlook for its new fiscal year.
LOS ANGELES, CA / ACCESSWIRE / June 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against NIKE, Inc. ("Nike" or "the Compan

Why Nike Stock Is Losing Ground Today

10:32am, Friday, 28'th Jun 2024
Nike easily beat quarterly earnings expectations, but revenue fell year over year and came in below expectations. The apparel giant sees further sales declines in its new fiscal year.
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