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Nike's Stock Crashes as Inventory Soars

TheMotleyFool

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Nike's Stock Crashes as Inventory Soars: https://g.foolcdn.com/editorial/images/703366/nike-thumbnail-10-3-22.png

The athletic apparel company updated investors in its quarterly earnings report, revealing a big inventory jump. This video discusses why Nike's (NYSE: NKE) investors were not pleased with the increase.

Stock prices used were the afternoon prices of Oct. 1, 2022. The video was published on Oct. 3, 2022.

Source Fool.com

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