Nike (NKE) Laps the Stock Market: Here's Why
Nike (NKE) closed the most recent trading day at $80.64, moving +1.05% from the previous trading session.
Billionaire Bill Ackman's Latest $275 Million Investment Is Down 15% Since He Bought It. Should You Get In Now?
Bill Ackman invests in companies he believes are trading below their long-term value. One company has hit a rough patch as it transitions its business strategy.
1 Growth Stock Down 35% to Buy Right Now
Nike shares have sent to the bargain bin after recent struggles. The company set a low bar for fiscal Q1 that it should jump over.
Is Nike Stock Going to $102? 1 Wall Street Analyst Thinks So.
There are fears that a slowdown in China will badly affect the athletic apparel wear's fundamentals. One analyst predicts that the impact will be marginal at best, however.
Nike (NKE) Increases Yet Falls Behind Market: What Investors Need to Know
In the latest trading session, Nike (NKE) closed at $78.40, marking a +0.4% move from the previous day.
Nike shareholders vote against proposal on workers' rights
Nike shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries at its annual meeting, the company said on Tuesday.
Down Over 55% From Its Peak, This Blue Chip Stock Is a Bargain
Nike finished 2023 with a brand value of more than $53 billion. Nike's direct-to-consumer strategy was an admitted misstep in its business.
1 Magnificent S&P 500 Dividend Stock Down 24% to Buy and Hold Forever
Brand power gives Nike pricing power to maintain healthy financials through rough periods. The company has been focusing on rekindling relationships with its wholesale partners.
Best Stock to Buy Right Now: Nike vs. On Holding
Nike's growth has been anemic for some time and investors are jumping ship. On Holding is reporting quarter after quarter of major growth.
3 Things to Know About Nike Stock Before You Buy
Nike's recent sales slump is probably a top reason why the stock is down so much. Fostering its brand presence has been key to Nike's long-term success.
Why Nike Stock Gained 11% Last Month
Nike stock is the cheapest it's been since 2012, and billionaire Bill Ackman seized the opportunity. If the company can stimulate sales growth and boost profits, then this will likely prove to be a great investment for Ackman.
Investor pressure on Nike builds over garment workers' rights
Investor pressure on Nike is building ahead of Tuesday's annual shareholder meeting, with Norway's sovereign wealth fund pledging to back a resolution demanding the company consider ways it can improve working conditions at garment factories.
