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Nike's Shocking Decline Is Far From Over

TheMotleyFool 
0 0 04.07.24
Nike's Shocking Decline Is Far From OverPhoto, wide shot, wide-angle lens, Home appliance manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/5d70b6df-fa9b-4237-9702-39c36cb1d4f8.png
 

(NYSE: NKE) reported incredibly weak earnings and guidance last week, showing the company's lack of momentum in shoes and apparel. As competitors get stronger, Nike is getting weaker, and in this video, Travis Hoium explains why the pain isn't over for Nike.

*Stock prices used were end-of-day prices of June 30, 2024. The video was published on July 1, 2024.

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Source Fool.com

Nike Inc. B Stock

€36.23
-1.120%
We can see a decrease in the price for Nike Inc. B. Compared to yesterday it has lost -€0.410 (-1.120%).
Currently there is a rather positive sentiment for Nike Inc. B with 71 Buy predictions and 6 Sell predictions.
As a result the target price of 64 € shows a very positive potential of 76.67% compared to the current price of 36.23 € for Nike Inc. B.
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