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Nike stock tumbles
Nike shares drop as investors fret over murky turnaround timeline
Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving investors guessing on the timeline for a turnaround under incoming CEO Elliott Hill.
Nike stock tumbles as investors worry about a turnaround
Nike’s (NKE) shares dropped 8% during early trading hours on Wednesday after the company withdrew its full-year guidance and postponed its investor day. The moves created uncertainty among investors on the company’s turnaround efforts under incoming CEO Elliott Hill,
Nike Stock (NKE): Investors Need Proof That New CEO Can Turn Things Around
Nike ($NKE) is bringing a new CEO on board, and while investors can accept a certain level of uncertainty, the future is definitely unclear for
Observer
1d
Under New Leadership, Nike Is Returning to Its Roots in Running
Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.
gearpatrol
3d
Did Nike Accidentally Make This Running Shoe Too Good?
The shoes that won the Berlin Marathon have been discontinued for over a year. What does that say about the newer models in ...
2d
on MSN
Nike ‘still not out of the woods,’ analyst says, as stock drops after earnings
Nike Inc.’s stock fell on Wednesday after the athletic-apparel company’s latest quarterly results disappointed investors.
1d
Nike’s new CEO is good news—but the CFO will need to help steer a turnaround
Good morning. Nike held its Q1 2025 earnings call on Tuesday—without its outgoing CEO John Donahoe or its incoming CEO ...
4d
Nike to post steepest sales drop since COVID, analysts expect target reset
Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first ...
2d
on MSN
Nike tries to rip off the band-aid for investors. Its stock price is feeling the sting
Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...
1d
Nike to Release New Air Jordan 1 Retro High OG Sneakers: Here’s When to Pre-Order the Star-Favorite Kicks Online
Available on Saturday, Oct. 5, at 7 a.m. PT/10 p.m. ET, the new Nike Air Jordan 1 Retro High OG sneakers ($180) come in a ...
Her Zindagi Hindi
4d
Best Nike Shoes For Men: Comfort Meets Performance
Do you want men's Nike shoes of the best quality? The article presented here explores the top models in style, comfort, and ...
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