Menü
Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

Why Nike Stock Dropped Today


Shares of Nike (NYSE: NKE) fell as much as 5% early Wednesday, according to data provided by S&P Global Market Intelligence, then settled to trade down around 2.5% after Foot Locker announced disappointing quarterly results.

To be clear, there was no company-specific news causing Nike stock to decline today. Rather, it appears Nike is trading in sympathy with American sportswear and footwear retail giant Foot Locker. Shares of Foot Locker plummeted more than 30% early today after the company announced weak second-quarter 2023 results and suspended its dividend this morning.

Foot Locker warned that while its results were "broadly in line" with management's expectations, it began to see softening retail trends and increasing price sensitivity from consumers in July. Naturally, this has spurred fears that such trends could extend to companies like Nike, which rely on their premium brand positioning and pricing power to drive top-line growth and maximize profits.

Continue reading


Source Fool.com

Nike Inc. B Aktie

75,16 €
0,04 %
Die Nike Inc. B Aktie bewegt sich kaum, nur eine Veränderung von 0,04 % seit gestern.
Starke Kaufneigung bei Nike Inc. B, mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 110 € für Nike Inc. B könnte der aktuelle Kurs von 75.16 € um mehr als 20% steigen.
Like: 0
NKE
Teilen

Kommentare