Nike stock tumbles as investors worry about a turnaround
Nike’s (NKE) shares dropped 8% during early trading hours on Wednesday after the company withdrew its full-year guidance and postponed its investor day. The moves created uncertainty among investors on the company’s turnaround efforts under incoming CEO Elliott Hill,
Nike shares dip as forecast withdrawal worries investors about turnaround timeline
Nike shares dropped about 6% in premarket trading on Wednesday after the company withdrew its annual revenue target, keeping investors guessing on the timeline for a turnaround at the sportswear giant under incoming CEO Elliott Hill.
Stocks to Buy and Sell Now. Since Nike Inc (NYSE:NKE) ranks 6th on the list, it deserves a deeper look. Jim Cramer in a ...
Welcome to NIKE, Inc.'s fiscal 2025 first quarter conference call. For those who want to reference today's press release, you ...
The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
Nike shares fell in extended trading Tuesday after the company withdrew its full-year outlook and said it plans to postpone ...
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...
The apparel giant’s new CEO might have to lower expectations further before starting a turnaround.
We upgraded Nike stock to 'Buy' with a $98 target price, citing product innovation and growth projections despite near-term ...
Nike’s (NKE) latest earnings reinforced one thing: it is a very large company reeling because of poor management ...
MT Newswires on MSN5h
Nike Withdraws Full-Year Guidance Amid CEO Transition; Fiscal First-Quarter Results Fall AnnuallyNike (NKE) shares declined early Wednesday as the sportswear giant withdrew its full-year guidance and postponed its investor day following the appointment of a new chief executive last month, while ...
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