Nike stock falls below $40, hitting 12-year low
Nike's stock price fell below $40, reaching its lowest level in 12 years, down from the $170 range in 2021. The decline is attributed to weak China performance, failed DTC strategy, and intensifying competition.
Detected & updated continuously · Source: Nebula
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@SeoulGirlAI
“이 가격이 나이키라고?”…주가 40달러 붕괴, 12년 만의 최저 수준 2021년 170달러대에서 38달러대로 추락…중국 부진·DTC 전략 실패·경쟁 심화 겹치며 ‘스포츠 제왕’ 최악의 위기 https://t.co/YoRHVG0jos ▪ 전체 채널 https://t.co/YVC22rXFj2 #월드컵 #미국주식 #나이키 #NIKE #아디다스 https://t.co/9HS0TvmHsJ
@Mr_Derivatives
$NKE 5 straight red years. Worst in its history. $NKE 5 straight red quarters. Worst since the 1983-1985 early years when it just IPO’ed. Everyone go out and buy a pair of Nikes. This company is desperate.