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$41.70
-0.300 (-0.714%)
At Close: Aug 07, 2026
Famed Santa Claus Rally Begins: Stocks to Watch
12:02pm, Friday, 22'nd Dec 2023
Today marks the final trading day before Christmas and is also the first day of a period known as the Santa Claus Rally.
Nike stock plunges as sneaker giant reveals $2B in cost cuts, slashes sales outlook
11:34am, Friday, 22'nd Dec 2023
Nike unveiled a $2 billion cost-savings plan that suggested significant layoffs are looming — and sent the athletic apparel giant's share price tumbling more than 10%.
Nike's Poor Outlook Signals Big Problem for Sneakers and Consumers
11:34am, Friday, 22'nd Dec 2023
Apparel maker Nike is seeing more caution from consumers, particularly in markets such as Europe and China.
Nike had a fine quarter, but people were concerned about their guidance: J Rogers Kniffen WWE CEO
11:18am, Friday, 22'nd Dec 2023
J Rogers Kniffen WWE CEO Jan Kniffen joins 'Squawk on the Street' to discuss his thoughts on Nike's quarterly earnings results, how the global macro picture affects companies like Nike, and what the c
Why Nike Stock Got Hammered Today
10:56am, Friday, 22'nd Dec 2023
Nike's revenue isn't growing as much as expected and Wall Street is worried about competition. The company's profitability is strong and it has lots of resources for meeting its competition head-on if
Nike earnings: Top three takeaways
10:45am, Friday, 22'nd Dec 2023
Shares of Nike (NKE) are falling Friday morning after posting its second-quarter earnings and announcing a cut of up to $2 billion in production costs. The company also cites having to wade through to
Call Traders View Opportunity in Nike Stock's Plummet
10:20am, Friday, 22'nd Dec 2023
Nike Inc (NYSE:NKE) capped off earnings reports for 2023 with better-than-expected second-quarter profits of $1.03 per share, though revenue missed the mark.
A Major Acquisition and Other News Ahead of the Holiday Weekend
09:40am, Friday, 22'nd Dec 2023
Before U.S. markets opened on Friday, the Bureau of Economic Analysis released its personal income and spending report for November.
Nike forecast cut rattles sportswear stocks as spending stumbles
09:31am, Friday, 22'nd Dec 2023
The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year.
Nike, Foot Locker shares plunge after sneaker maker cuts revenue outlook
09:12am, Friday, 22'nd Dec 2023
Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs.
Top 5 Consumer-Centric Stocks Amid Rising Consumer Confidence
09:01am, Friday, 22'nd Dec 2023
We have narrowed our search to five consumer-centric large-cap stocks that have strong potential for 2024. These are: LYV, RCL, CMCSA, NKE, WMG.
Why Nike Says It's Expanding Its $9 Billion Women's Business
08:46am, Friday, 22'nd Dec 2023
Nike has taken its game to the next level in the women's market, boasting a reported business of around $9 billion — excluding Jordan and Converse.
Nike's miss could be our opportunity
08:16am, Friday, 22'nd Dec 2023
The big swoosh is set to look a little deflated heading into 2024 after Nike Inc NYSE: NKE reported its fiscal Q2 earnings last night. Shares had been rallying since the end of September, gaining c
3 Charts For Investors to Watch Friday: Nike, Spotify, Marathon Digital
07:40am, Friday, 22'nd Dec 2023
Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to eye.
Nike shares slammed after company cuts revenue outlook, unveils $2 billion in cost cuts
07:36am, Friday, 22'nd Dec 2023
CNBC's Andrew Ross Sorkin reports on the latest news.
