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Nike Shares Fall 4.3% to Lowest Level Since September 2014

Proactive +2 ·

NKE Nike Inc
$39.09 -4.03%
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  1. 1Nike (NKE) shares dropped 4.3% on Monday to their lowest level since September 2014
  2. 2Over $200 billion in market cap erased and shares down 78% from their 2021 peak, pressured by sluggish direct sales and rating downgrades
  3. 3UBS reports Nike secondary-market sales fell 2.9% YoY and Jordan 2.8% YoY in July... has yet to confirm a growth trough

This 3-line summary is compiled from the report below.

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