Why Nike Stock Was Sliding Today
Shares of Nike (NYSE: NKE) were falling today after the sportswear giant's fiscal fourth-quarter results weren't enough to please investors.
As a result, the stock was down 2.7% as of 12:45 p.m. ET on Friday.
Nike's results were essentially in line with estimates, but its guidance indicated that sluggish growth would persist into fiscal 2024.
Source Fool.com
Nike Inc. B Stock
€66.83
1.460%
With 63 Buy predictions and 2 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 110 € shows a very positive potential of 64.6% compared to the current price of 66.83 € for Nike Inc. B.
