When Nike (NKE) posted quarterly results that did not meet expectations, shares fell from $90 to $82.25 last week. What went wrong with the company’s footwear and apparel sales? Nike posted revenue ...
The recent rebound in Nike (NKE) lost momentum. NKE stock lost 6.77% on Wednesday after posting weak apparel sales. It will also postpone its Investor Day. Nike withdrew its guidance for the year in ...