$41.70
-0.300 (-0.714%)
At Close: Aug 07, 2026
Nike Will Lay-Off 700 Jobs
06:45am, Friday, 29'th Dec 2023
Management off Nike has confirmed that it will have as much as $450 million in restructuring charges in the quarter that end February 28, 2024. Most of the charges are expected to come from severance.
Top 3 Large-Cap Growth Stock Picks for the New Year
07:22pm, Thursday, 28'th Dec 2023
In late November 2022, I highlighted three large-cap growth stocks heading into 2023. Those included Advanced Micro Devices (NASDAQ: AMD ), which ran from $73 to $146 a share; Apple (NASDAQ: AAPL
Nike: A Decade of Market Resilience
08:00am, Thursday, 28'th Dec 2023
Nike Inc. (NKE, Financial), the renowned global sports apparel and footwear company, witnessed a significant drop of nearly 12% in its share price in a single trading day. This decline was attributed
How Nike can rebound in 'tough market': Analyst
12:00pm, Monday, 25'th Dec 2023
Nike (NKE) shares stumbled after the company cut sales outlook and announced $2 billion in cost cuts, concerning investors. However, Bernstein analyst Aneesha Sherman maintains her bullish stance, arg
Nike Trips In North America, Warns Of Global Headwinds And Massive Cost Cuts
12:01pm, Saturday, 23'rd Dec 2023
Nike delivered some coal to investors' stockings in the second quarter 2024. The quarter ended November 30, so it includes a good chunk of holiday sales.
S&P 500 Gains and Losses Today: Nike Warns of Soft Sales and Plans Spending Cuts
05:15pm, Friday, 22'nd Dec 2023
It wasn't much of a gain, but the S&P 500 headed into the Christmas holiday break in positive territory, up 0.2%. The markets have been on a tear recently amid enthusiasm about the potential of severa
Nike needs to focus on sales between peak holiday buying periods: top retail analyst Dana Telsey
05:14pm, Friday, 22'nd Dec 2023
Dana Telsey, Telsey Advisory Group CEO, joins 'Closing Bell Overtime' to discuss Nike earnings, clothing trends, what's ahead for retail companies and more.
Nike's $2B savings plan, BlackBerry guidance disappoints, CarMax sales rev higher: earnings roundup
03:18pm, Friday, 22'nd Dec 2023Nike will see an upside from here, says BMO's Simeon Siegel
02:51pm, Friday, 22'nd Dec 2023
Simeon Siegel, BMO capital markets senior analyst, joins 'Power Lunch' to discuss Nike as the company has experienced its worst day in 26 years.
Nike says ‘newness' is essential to growing its business. One analyst says it's not working.
02:28pm, Friday, 22'nd Dec 2023
As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation” to win over reluctant shoppers. And as sales deals on
Nike's warnings on China should scare other companies that do business there
01:58pm, Friday, 22'nd Dec 2023
Nike stock plunged on Friday after the athletic gear giant cut its fiscal-year sales outlook. Sales in China fell short of forecasts, and the company warned of headwinds there.
Nike stock plunges and takes rivals like Under Armour and Adidas with it
01:40pm, Friday, 22'nd Dec 2023
Nike stock was down Friday after the company lowered its outlook. The company said it planned $2 billion in cuts, which could include layoffs.
Trade Tracker: Hightower's Stephanie Link sells Nike
01:18pm, Friday, 22'nd Dec 2023
The 'Halftime Report Investment Committee discusses Nike's latest quarter and the road ahead for the retailer.
Midday Movers: Karuna Jumps on Deal With Bristol Myers Squibb, Nike Falls on Sales Outlook
12:45pm, Friday, 22'nd Dec 2023
U.S. equities headed into the long holiday weekend with gains at midday, amid a broad-based rally fueled by enthusiasm over the possibility of several Fed interest rate cuts next year. The Dow, S&P 50
Nike Plunges After Slashing Its Outlook and Announcing Cost Cuts as Demand Softens
12:40pm, Friday, 22'nd Dec 2023
Nike (NKE) was the worst-performing stock in the Dow and S&P 500 as shares tumbled over 10% in intraday trading Friday after the athletic apparel retailer slashed its full-year outlook because of “s
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