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Why Nike Stock Was Sliding Today

TheMotleyFool

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Why Nike Stock Was Sliding Today: https://g.foolcdn.com/editorial/images/738217/shopping-for-sneakers-nike-adidas-athletic-apparel_Mqh3riI.jpg

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

There is nearly no change for the Nike Inc. B stock today. Compared to yesterday it only changed by -€0.080.
With 46 Buy predictions and 3 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 115 € shows a positive potential of 33.91% compared to the current price of 85.88 € for Nike Inc. B.

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