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Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
0 Score 2 Replies 1,205 Views
Post #175137291 added 01-06-2025 6:04 PM by MugamboKush in Finance
I exited with .2% loss after earnings. Future doesn’t look good, see more of a downtrend
Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
0 Score 2 Replies 1,205 Views
Post #171777756 added 07-10-2024 5:13 PM by Meiggs in Finance
Nike's stock recently faced significant headwinds, dropping around 20% following their latest earnings report. Despite beating EPS estimates, their revenue declined by 1.6% year-over-year, and...
Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
0 Score 2 Replies 1,205 Views
Post #171798138 added 07-11-2024 4:18 PM by goodale69 in Finance
I watched a youtube video of Nike resellers still dropping out of the market because the Air Jordan type collector shoe market has dissolved. A lot of their profit came from collectors and like...

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