Nike (NKE 0.06%) disappointed investors by reporting decreases in revenue and profitability.
*Stock prices used were the afternoon prices of Oct. 9, 2024. The video was published on Oct. 11, 2024.
Why Is Everyone Talking About Nike Stock?
Nike is one of the most iconic brands in the world.
By Parkev Tatevosian, CFA – Oct 12, 2024 at 7:45AM EST
Read Next
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.