Why Nike Stock Was Sliding Today
Shares of Nike (NYSE: NKE) were falling today after the sportswear giant's fiscal fourth-quarter results weren't enough to please investors.
As a result, the stock was down 2.7% as of 12:45 p.m. ET on Friday.
Nike's results were essentially in line with estimates, but its guidance indicated that sluggish growth would persist into fiscal 2024.
Source Fool.com
Nike Inc. B Stock
€36.82
1.630%
Our community is currently high on Nike Inc. B with 71 Buy predictions and 6 Sell predictions.
With a target price of 64 € there is a hugely positive potential of 73.84% for Nike Inc. B compared to the current price of 36.82 €.
