NKE - What's Going On With Nike's Stock Monday? | Benzinga
Nike, Inc. (NYSE:NKE) shares are experiencing significant movement downwards Monday potentially from continued momentum driven by the company’s recent fourth-quarter earnings report and subsequent revisions to its forward guidance.
What Happened: The company recently reported its fourth-quarter earnings, falling short of market expectations. In response, Nike’s CFO, Matthew Friend, adjusted the company's projections for fiscal 2025, now ...