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Business

Rishabh Mishra

NKE Stock Has Crashed Nearly 80% From Its 2021 Peak — Wall Street Warns of ‘Stage 4’ Breakdown (UPDATED)

NKE David Denton NIke Deficit

NikeKuala,Lumpur,,Malaysia,-,August,28,,2024:,Nike,Brand,Retail

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Nike Inc. (NYSE:NKE) has wiped out over $200 billion in market value since its all-time high in November 2021, amid competitive pressures and weakness in its direct-to-consumer business.

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Live: Saudi Arabia reports Aramco building hit and four wounded in Houthi missile attacks

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Colombia gives police greater power to break up street protests

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

’How do you explain the deletion of 130 million names?’ Why Indian voters are on the streets

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