Calendar 2016 has been tough for leading athletic footwear and apparel retailer, NIKE Inc. NKE as its stock price continued to decline throughout the year. The company’s shares have declined 16.9% year to date, significantly underperforming …
Who hasn't owned a pair of Nike shoes? Nike shorts, or shirts? Virtually everyone has owned a piece or two of Nike apparel. The name and sportswear go hand in hand. However, if investors purchased or owned Nike stock over the last …
"All the other companies offered me money, but they (Nike) couldn't offer me money because they just started," Magic said. "So he said something [about] stocks—'I'm gonna give you a lot of stocks.' I didn't know nothing about stocks. I'm …
Complex10mon
SAN FRANCISCO (Reuters) - Nike has top billing among sports brands at the Rio Olympics, but a week into the Games, its stock is losing to Adidas and Under Armour (UA.N). The quadrennial global sports event exposes apparel brands …
DENVER -- LeBron James, perhaps Nike's premier pitchman, said Wednesday he was aware of the shoe company's tumbling stock after weaker-than-expected sales in its latest earnings report. And he didn't sound too worried. "Uh, …
Dow component Nike Inc.’s nke /quotes/zigman/235840/delayed /quotes/nls/nke NKE stock has recently hit a record high of $80. Its stock this year also has surged 51%, more than double the rate of the Dow index. The big question is, does …
The chart below is not what you want to see if you’re Nike. After years of sustained growth, Nike’s business is straining to inch forward. In the quarter ending Aug. 31 2017, Nike had $9.07 billion in sales, still a staggering amount, but barely …
Quartz4mon
Don’t underestimate the power of the swoosh. Nike shares surged more than 4% Friday and hit a new all-time high. The athletic apparel giant reported strong quarterly results after the closing bell Thursday. Earnings rose 26% and easily …
Nike (NKE) shares rebounded nearly 4 percent on Wednesday, after Wall Street had a chance to digest the mixed fiscal fourth-quarter earnings results it released after markets closed Tuesday. Yet with the stock still down more than 11 …