NKE - Nike Exceeds Expectations In Q3 But Bearish Signals Emerge | Benzinga
Nike Inc (NYSE:NKE) stock is down 26% over the past year and 14.3% year-to-date, reflecting investor concerns about its performance and future prospects.
Recent announcements regarding the apparel company’s revenue projections have further weighed on investor sentiment.
Pre-market trading saw Nike shares dipping after the company revealed plans for a low single-digit decline in revenue for the first half of fiscal 2025.
This projection contrasts sharply with the company’s previous ...