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MarketBeat
MarketBeat
Thomas Hughes

Down 75% From Its High, How Much Lower Can Nike Get?

NIke MarketBeat NYSE On Holdings

Nike (NYSE: NKE) stumbled and fell, but now it is amid a turnaround that is gaining traction. However, the headwinds are fierce, and the turnaround is taking longer than expected, leaving the market vulnerable to a deeper decline.

The primary takeaway from the fiscal Q3 2026 report is that weakness is likely to continue at least for another quarter, potentially longer, keeping the sentiment trend intact and the stock price under pressure.

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