(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.

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Source Fool.com