Nike's Shocking Decline Is Far From Over
(NYSE: NKE) reported incredibly weak earnings and guidance last week, showing the company's lack of momentum in shoes and apparel. As competitors get stronger, Nike is getting weaker, and in this video, Travis Hoium explains why the pain isn't over for Nike.
*Stock prices used were end-of-day prices of June 30, 2024. The video was published on July 1, 2024.
Source Fool.com
Nike Inc. B Stock
€67.80
-0.860%
The stock is one of the favorites of our community with 61 Buy predictions and 2 Sell predictions.
With a target price of 110 € there is a hugely positive potential of 62.24% for Nike Inc. B compared to the current price of 67.8 €.
